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3 years ago

Why can't minors work more than 3 or 4 hours?

2 answers:

8 0

Minors aren't allowed to work more than 3 to 4 hours because they have school and children aren't allowed to do any heavy or physical work.

GenaCL600 [577]3 years ago

7 0

They cant because it interferes with school and you cannot work a kid as if he or she is an adult.

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The city of New Orleans has 200 advertising companies, 199 of which employ designers of normal ability at a salary of $100,000 a

zepelin [54]

Answer:

a. $700,000

b. 6/7 or 85.7%

c. No they will not.

Explanation:

a. Jacobs will earn the normal salary that the other designers in the other companies are getting in addition to the incremental income he brings to the company as a result of his talents.

Incremental income = Revenue with Jacobs - Revenue without Jacobs

= 1,000,000 - 400,000

= $600,000

Jacobs earnings = Normal designer earnings + incremental income

= 100,000 + 600,000

= $700,000

b. Economic rent is the excess amount that the company is paying Jacobs over what it should normally cost to get a designer.

Normal cost of designer is $100,000. Company is therefore paying an economic rent of $600,000.

Proportion of Jacobs salary that is economic rent = $\frac{Economic rent}{Jacobs annual earning}$

= $\frac{600,000}{700,000}$

= 6/7 or 85.7%

c. The company hiring Jacobs will not be making an economic profit because for them to make an economic profit they would have to be making more than the $400,000 that the other firms make. They cannot make this amount because for them to do so they would have to reduce the amount they pay Jacobs. If they do so, Jacobs would leave for greener pastures and then they would be making the same $400,000 that the rest are making.

8 0

3 years ago

A company that manufactures and sells kitchen scrubbing sponges has significantly lower cost structures than its competition. Th

chubhunter [2.5K]

Answer:

The correct answer is “Pricing below competitors”.

Explanation:

It is given that the organization is operating with a lower cost structure as compared to its competitor and it is also enjoying the economies of scale. Since lower cost structure makes the organization capable to keep the price of its product lower as compared to its competitor. Moreover, the lower price of a commodity will attract new customers. Consequently, its sales volume will increase.

5 0

3 years ago

If a software package is purchased, consider a _____, which offers additional support and assistance from the vendor.

GalinKa [24]

If a software package is purchased, consider a supplemental maintenance package which offers additional support and assistance from the vendor.

Supplemental maintenance with assist in future issues while using the software. These can range from not working correctly or just needing a few tips on how to use the software. Most companies that sell software or electronics, offer these.

7 0

3 years ago

20. Anna reports the following income and loss: Salary$ 135,000 Income from activity A60,000 Loss from activity B( 35,000) Loss

Dmitry [639]

Answer:

Based on this information, Anna has the following suspended losses:

A) Activity B Activity C

$11,667 $18,333

Explanation:

a) Data and Calculations:

Income and Loss:

Salary $ 135,000

Income from activity A 60,000

Loss from activity B ( 35,000)

Loss from activity C ( 55,000)

The loss from activity B and activity C are reduced by the income from activity A in proportion.

Thus, the income from activity A reduces the losses in B and C:

Income from activity A $60,000

Activity B loss of $35,000 is reduced by $60,000 * $35,000/$90,000 = $23,333 to $11,667 ($35,000 - $23,333)

Activity C loss of $55,000 is reduced by $60,000 * $55,000/$90,000 = $36,667 to $18,333 ($55,000 - $36,667)

b) Note that the losses from activities B and C cannot be reduced by the salary income because both activities are passive sources of income and not active like salary.

4 0

3 years ago

Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff".

AleksandrR [38]

Answer:

let him put it where he won't see them until It is enough for buying his wants

4 0

3 years ago

Read 2 more answers