Suppose that a tax is placed on books. if the sellers pay the majority of the tax, then we know that the

1 answer:

4 0

If the sellers pay the majority of the tax, then the supply is more inelastic than demand.

If something is inelastic it is not sensitive to changes in the price or income of someone. The sellers will always have more of the tax burden when supply is more inelastic than demand and vis versa when demand is more inelastic than supply.

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Explain why unions have declined in power in the last few decades.

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Answer: See explanation

Explanation:

There are a number of reasons for the reduction in the power of unions in the last few decades.

One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.

Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.

Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.

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Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, inclu

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Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, including pilots. Employees exempt from the Fair Labor Standards Act's overtime provisions include all of the following except (A) aircraft mechanics

Explanation:

Section 13(a)(1) of the Fair Labor Standards Act's-FLSA provides an exemption from both minimum wage and overtime pay for employees who are employed as bonafide executive, administrative, professional and outside sales employees.

Section 13(a)(1) and Section 13(a)(17) of Fair Labor Standards Act's also exempt certain computer employees.

To qualify for exemption under the Fair Labor Standards Act , employees generally must meet certain tests regarding their job duties and be paid on a salary basis at not less than $684* per week.

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What are the practical consequences of a lack of strategic linkage between the business and the operations function? give exampl

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The practical consequences that result of lack strategic linkage between business and operations functions are it will know the organization if it is a success or a failure. The lack of linkage can also cause people trap and busy with all kinds of activities. For example, in the company, you work as a team and you have the quota but the people inside the team didn’t get the proper linkage so the team will fail the task that given to them because of lack of strategic linkage.

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2 years ago

Heather is sixteen but looks much older. she goes into a jewelry store and buys a diamond bracelet with the money she has been s

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D is the right answer I suppose

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3 years ago

As they apply to business conduct and business decisions, ethical principles A. A) deal chiefly with a company's standards about

bazaltina [42]

Answer: B. D) are not materially different from ethical principles in general.

Explanation:

Ethical Principles are Ethical Principles. It doesn't really matter what context they are being applied to for they are a standard thing with reference of course, to the society the business is based in. For this reason Business Ethics are not materially different from general ethics.

Business Ethics are usually a reflection of the norms and cultures of the society they are based in. Think of it like this, if a company is based in a certain place and adheres to principles that are different from what is considered ethical in that society, do you think that company will be very profitable? I think not. Business Ethics are therefore based on General ethics with an immaterial difference.

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