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nordsb [41]
3 years ago
10

How can competition in a scarce labor market affect wages?

Business
1 answer:
Lynna [10]3 years ago
5 0

<span>Competition in a scarce labor market affect wages because when there is scarcity in labor this means that there is a shortage of workers for a specific job. Wages/salaries for workers will affect because employers will tend to make the salary high because of high demand.  </span>

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In the long​ run, a perfectly competitive market will A.supply whatever amount consumers demand at a price determined by the min
In-s [12.5K]

Answer: Option (A) is correct.

Explanation:

Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical​ firm's average total cost curve.

In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.

The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.

5 0
3 years ago
Stock splits:
iren [92.7K]

Answer: a. Allow management to conserve cash, give stockholders more shares, and cause no change in total assets, liabilities, or stockholders' equity.

Explanation:

Stock Splits increase the number of shares a company without actually changing their market capitalization by simply dividing the shares available.

There are a bunch of reasons to do this but one of them is to conserve cash. By splitting stock, managers can conserve cash by not paying dividends but still proving that the company can still pay dividends. The Shareholders getting MORE stock would be the reward.

Since Stock splits don't change the Market Capitalization, they don't have an effect on Equity either and by extension Assets and Liabilities.

3 0
2 years ago
How did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsib
AVprozaik [17]

Businesses reduce their incentives that will lead to minimizing their ability to carry out their part for social responsibility of the triple bottom line.

The triple bottom line is an obligation on businesses to not just look for their profit but include and maintain a good balance between these factors:

  • economic growth
  • social welfare
  • environment impact

Businesses should follow the Triple bottom line:

  • Making profits
  • Making sure that there is positive social welfare on their part.
  • Maintain ecological footprint

Thus, The correct answer would be - the ability of businesses to meet both their social responsibility and Triple bottom line is minimized and not as it was in normal conditions.

Learn more about social responsibility:

brainly.com/question/1339420

4 0
2 years ago
Which type of retail space is most likely to have the highest degree of management involvement?
exis [7]

Regional type of retail space is most likely to have the highest degree of management involvement.

<h3>What is the Regional type and its type?</h3>
  • A region is an area of land that has common features.
  • A region can be defined by natural or artificial features.
  • Language, government, or religion can define a region, as can forests, wildlife, or climate. Regions, large or small, are the basic units of geography.

To learn more about regional, refer

to brainly.com/question/25689052

#SPJ4

5 0
1 year ago
A corporation issues $92,000, 8%, 5-year bonds on January 1, for $96,140. Interest is paid semiannually on January 1 and July 1.
PilotLPTM [1.2K]

Answer:

$3,266

Explanation:

First we must calculate the total amount received as bond premium:

$96,140 - $92,000 = $4,140

This should be amortized over 10 periods (= 5 years x 2 semiannual payments), so we must amortize $414 per period.

The coupon that the company pays = $92,000 x 8% x 1/2 = $3,680

So the interest to be recognized is = $3,680 - $414 = $3,266

5 0
3 years ago
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