Equilibrium wage means that it is the wage paid on employees where supply and demand are equal.
All persons looking for work at the going wage will be able to find jobs in an equilibrium setting.
an increase in the unemployment rate will result to a decrease on the equilibrium wage.
Alright! So what we want to do is multiply 365 by 3 and you get 1095 now what you wanna do is divide that by 7 which is 156 now then you want to now divide 7 by 4000 and you get your answer! I hoped this helped I made a little mistake if you multiplty 3.66 by 1095 you get 4000.7 but that is still 4K
Answer:
Personal Assets
Explanation:
You and a friend want to open new pet-grooming and pet-services shop. Once established, you intend to open a second store in a larger town 20 miles away. If store number two is a success, you plan to start franchising your company. <u>Personal Assets</u> will probably be the most important source of funds for your new business.
<u>When starting a business as a sole proprietorship or partnership, the most likely source of start up fund is the converting your personal assets. </u>
<u>Personal assets are items of value that belong to an individual. They might be tangible personal assets like houses and cars, and also include such financial assets as savings accounts, checking accounts, and retirement accounts.
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<u>So in the scenario, the business is likely to start by a combination of savings of the two friends</u>
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