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4 years ago

An increase in the population the real wage rate and the equilibrium quantity of labor.

Business

1 answer:

stealth61 [152]4 years ago

8 0

Answer:

An increase in the population decrease the real wage rate and increase the equilibrium quantity of labor.

Explanation:

Thinking in the graph of the labor market where combines hour real wage with the quantity of labor, if we increase the population , that means the demand of labor will increase so, the wage will decrease.

The equilibrium is where the quantity demanded of labor is equal to the quantity supplied.

So, if the if the population increase the equilibrium quantity of labor will increase.

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Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it do

devlian [24]

Answer:

FALSE

Explanation:

The resource management refers to how efficient and effective are used the organization's resources.

We must understand for resources the following:

financing
finished goods
raw materials
human resources
information and technology
natural resources

As a service-providing organization do not employs a manufacturing process theyr levels of planning are lower in a service-providing organization

5 0

3 years ago

Suppose that you have the following information for an economy:______.

galina1969 [7]

Answer:

Part 1. When real GDP is equal to $4,500, aggregate expenditure is equal to $4,600.

Part 2. When real GDP is equal to $5,000, aggregate expenditure is equal to $5,000.

Part 3. When real GDP is equal to $5,500, aggregate expenditure is equal to $5,400.

Explanation:

The aggregate expenditure (AE) can be calculated using the following formula:

AE = (A + (MPC * Y)) + PI + G + NX ………………. (1)

Where;

AE = aggregate expenditure = ?

A = Autonomous consumption = $500

MPC = Marginal propensity to consume = 0.80

Y = Real GDP

PI = Planned investment = $600

G = Government spending = $300

NX = Net exports = -$400

Based on the above, we can now proceed as follows:

Part 1. When real GDP is equal to $4,500, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $4,500

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $4,500)) + $600 + $300 - $400 = $4,600

Therefore, when real GDP is equal to $4,500, aggregate expenditure is equal to $4,600.

Part 2. When real GDP is equal to $5,000, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $5,000

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $5,000)) + $600 + $300 - $400 = $5,000

Therefore, when real GDP is equal to $5,000, aggregate expenditure is equal to $5,000.

Part 3. When real GDP is equal to $5,500, aggregate expenditure is equal to $ _____.

This implies that:

Y = Real GDP = $5,500

Substituting this and other values given above into equation (1), we have:

AE = ($500 + (0.80 * $5,500)) + $600 + $300 - $400 = $5,400

Therefore, when real GDP is equal to $5,500, aggregate expenditure is equal to $5,400.

6 0

3 years ago

a new machine with a purchase price of $109,000, with transportation costs of $12,000, installation costs of $5,000, and special

egoroff_w [7]

Based on the information given the cost basis is $132,000.

Using this formula

Cost basis=Purchases price+ Transportation costs + Installation costs + Special acquisition fees

Where:

Purchases price=$109,000

Transportation costs=$12,000

Installation costs=$5,000

Special acquisition fees=$6,000

Let plug in the formula

Cost basis=$109,000+$12,000+$5,000+$6,000

Cost basis=$132,000

Inconclusion the cost basis is $132,000.

Learn more about cost basis here:brainly.com/question/15637366

6 0

2 years ago

As the director of information systems at your company, you receive reports regarding crackpot postings on the company sm site.

Luda [366]

The best course of action is to remove the reponses that were not intended for the site. I would also reach out to those who posted the inappropriate remarks and give them a warning regarding the comments. If they make those comments again or anything of inappropriate nature, they will be terminated.

7 0

3 years ago

A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month,

stepladder [879]

Answer:

b. $300 Favorable

Explanation:

The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 1,500 pounds × ($19.30 - $5,700 ÷ 1,500 pounds)

= 1,500 pounds × ($4 - $3.8)

= 1,500 pounds × $0.2

= $300 favorable

We simply take the difference of the prices and then multiplied it by the actual quantity so that the correct amount can be calculated

5 0

3 years ago

An increase in the population​ ______ the real wage rate and​ ______ the equilibrium quantity of labor.

An increase in the population the real wage rate and the equilibrium quantity of labor.