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3 years ago

Struggling with this one

Business

1 answer:

oee [108]3 years ago

5 0

Answer:

The wage of the marginal employee is related wiht the marginal productivity of this employee

Explanation:

If the employer offer less, the employer can hire more employees, an the marginal productivity of the employees will decreases, and the employer will fire the employees and hire new ones, but if the employer offer more, it will cause losses, and the employer will fire this marginal employee and hire a new one. The wage it is determined by the average productivity, if there are to much sickly workers, the average productivy will be low, also the wage that the employer will offer.

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Granval thinks a partnership will reduce his personal financial responsibility. this is true only if?

Orlov [11]

Granval thinks a partnership will reduce his personal financial responsibility. this is true only if Granval is not a general partner.

General partnership is a type of business agreement which is made between two or more individuals who agree to share all the assets, profits as well as liabilities of the business.

Because of the simplicity and tax benefits in the general partnership, a general partnership is one of the most common legal business entities.

However, it's very important to consider that each partner is personally responsible for the business, including debts and lawsuits, and is held liable for the actions of their partners.

To know more about general partnership here:

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4 0

1 year ago

A limited liability company is best thought of as a cross between a partnership and a:

8_murik_8 [283]

An LLC is a cross between a partnership and a corporation, because you have the flexibility of a partnership but more of the legal and financial protections that a corporation has.

7 0

3 years ago

The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance $500

$3,800 $3,800

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

8 0

3 years ago

A black market is A. a market in which buying and selling take place at prices that violate government price regulations. B. ver

bekas [8.4K]

Answer:

The answer is: A) a market in which buying and selling take place at prices that violate government price regulations.

Explanation:

Black markets happen when entities (individuals or businesses) engage in trading of goods and services that are prohibited by the governments. Or when the entities engage in trading activities and do not want to pay taxes from those transactions.

6 0

3 years ago

Money aggregates

Allushta [10]

Answer:

Explanation:

* M1 = currency in circulation + checking deposits

* M2= M1 + short term money deposits + 24 hour market funds

a) Deborah CD - M2

b) Van - M1 and M2

c) Carlos savings account - M2

3 0

3 years ago