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3 years ago

What is one action an employer can take to lower wage levels?

1 answer:

6 0

The answer is C. Replace workers with machine

It's common for a company to replace workers with maschines in order to do hard menial labour such as wrapping packages, cutting products, shaping the products, moving the raw material, etc. which could increase efficiency and lower wage levels at the same time

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Suppose that Steve heads to the local hamburger shop with $3, expecting to spend $2 for his favorite burger and $1 for French fr

PtichkaEL [24]

Answer:

Income effect

Explanation:

The effect is because the customer purchasing power has been changed due to which he is now able to buy more to fulfill his needs and wants. The income effect occurs due to two reasons.

Number 1. The real income of the person has been increased which means his purchasing power has been increased. This means previously you were earning $2000 a month and now you are earning $10000 a month. Now you can buy New Iphone every month because your real income has been increased and this has increased your purchasing power.

Number 2. The price of the product has been fallen and now it is in range of the purchasing power of the customer. This means that if Iphones 11 are available at $100 then everybody buy Iphone 11. This is because the product is in the range of purchasing power of greater number of customers.

5 0

3 years ago

Kinsi Corporation manufactures three different products. All five of these products must pass through a stamping machine in its

Rom4ik [11]

Answer:

D) generates the highest contribution margin per stamping machine hour

Explanation:

Since the stamping machine is Kinsi's constrained resource, or bottleneck resource, in order to maximize its profit, the company should manufacture the products that maximize the utility of the stamping machine. The product that maximize the utility are the one that have the highest contribution margin. Therefore Kinsi must produce the products that have the highest contribution margin per stamping machine hour.

8 0

3 years ago

5 things that make you a borrower

brilliants [131]

Company, Customers, Competitors, Collaborators, and Climate.

8 0

2 years ago

Waterway Industries purchased machinery for $905000 on January 1, 2017. Straight-line depreciation has been recorded based on a

BlackZzzverrR [31]

Answer:

$ 178,733

Explanation:

From January 2017 when the machinery was acquired till May 1 2021 when it disposed of, depreciation would have been charged for full years 2017,2018,2019 and 2020 while 2021 depreciation would only be for 4 months.

Annual depreciation=cost-salvage value/ useful life

annual depreciation=($905000-$52000)/5=$170,600

depreciation for 4 years=$170,600*4=$682,400

depreciation for 4 months=$170,600*4/12=$56,867

accumulated depreciation=$682,400+$56,867=$739,267

carrying value=cost-accumulated depreciation= $905000- $739,267 =$165,733

gain on disposal=cash proceeds-carrying value

$13000=cash proceeds-$165,733

cash proceeds=$165,733 +$13000=$ 178,733

4 0

3 years ago

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

Zepler [3.9K]

Answer;
Annual compounding

Explanation;
Annual compounding is a method of calculating and adding interest to an investment or loan once a year rather than for another period.
This is done in compound interest, which is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or a loan.
Using an annual compounding will prompt her to pay less interest compared to other periods.

5 0

2 years ago

Read 2 more answers