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otez555 [7]
3 years ago
14

Sometimes labor unions try to increase the demand for the product they produce. They do so because the demand for labor is deriv

ed; and the __________ the demand for the product labor produces, the __________labor and the __________ wages will be, ceteris paribus.a. higher; greater the supply of; lowerb. higher; lower the demand for; higherc. higher; higher the demand for; higherd. lower; higher the demand for; highe
Business
1 answer:
dybincka [34]3 years ago
4 0

Answer:

c. higher; higher the demand for; higher.

Explanation:

Labor Union

A labor union is also known either trade union and workers' union and the organisation is a representation of the interests of workers or employees. Some specific functions and objectives of labor unions is to unit the workers and speak on their behalf on issues surrounding availability of work, wages, benefits and all other work conditions. Unions are most often grouped according to specific industries.

Based on the specific objectives of labor unions as mentioned, it is the interest of labor union to fight for higher wages as well as more demand for labor. Higher wages means higher conditions of living and more demand for labor means more employment opportunities. Therefore, making efforts to increase product demand will have ripple effect on demand for labor was well as higher wages.

Therefore, the higher the demand for the product labor produces, the higher the demand for labor and the higher wages will be, ceteris paribus

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Neporo4naja [7]

Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.

<h3>What is analyzing data?</h3>

To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.

Data analysis, according to statistician John Tukey, is:

"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."

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7 0
1 year ago
In 2020, Susan retired from her active participation in a 50% owned restaurant business, which she owned for 20 years. Susan is
icang [17]

Question Completion with Options:

a. Susan cannot deduct the $80,000 loss from the restaurant because she is not a material participant.

b. Susan can offset the $80,000 loss against the $150,000 of income from the retail store.

c. Susan will not be able to deduct any losses from the restaurant until she has been retired for at least three years.

d. Assuming Susan continues to hold the interest in the restaurant, she will always treat the losses as active.

Answer:

Susan

b. Susan can offset the $80,000 loss against the $150,000 of income from the retail store.

Explanation:

Susan can offset the $80,000 loss from the restaurant business against the income from the retail store because she has been an active and material participant in both businesses.  For the past 20 years, she had participated materially in the restaurant, only just retiring this year.   At least, she has passed the material participant test, number 5.

7 0
3 years ago
If you earned a 2.6% return on your savings with a 25% tax rate, what is your after-tax rate of return?
mamaluj [8]

Answer: 1.95%

Explanation:

Your after-tax return can be calculated by the formula;

= return * ( 1 - tax rate)

= 2.6% * ( 1 - 25%)

= 1.95%

5 0
3 years ago
when the savings and loan industry collapsed in the 1980s, all of the big accounting firms, except for arthur andersen, experien
Goshia [24]

All major accounting companies, with the exception of Arthur Andersen, experienced significant losses when the savings and loan sector collapsed in the 1980s since they were in charge of performing audit work on failing financial institutions.

The first significant financial crisis following the Great Depression was the Savings and Loan Crisis of the 1980s and 1990s. Customers and taxpayers suffered as a result of the crisis, which saw thousands of savings and loan organizations close their doors and billions of money wasted. There were 4,039 savings banks in operation in 1980, and between 1980 and 1994, over 1,300 of them collapsed. The fund that protected the deposits of savings banks was destroyed as a result of the high percentage of failures, and the remaining institutions as well as the taxpayers were hit hard by the costs.

The United States had a financial crisis in the 1980s as a result of both rising high-yield debt instruments, or "junk bonds," and surging inflation. As a result, more than half of the country's Savings & Loans institutions failed. The origin of the S & L crisis was the 1934 expansion of federal deposit insurance to S & Ls. Because all S & Ls paid the same insurance premium rate regardless of how safe or dangerous they were, deposit insurance was actuarially unsound from the start.

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8 0
1 year ago
When using a supply-and-demand model to illustrate how land rents are set, economists typically draw the supply curve as a verti
aleksklad [387]

Answer:

d. All of these are correct.

Explanation:

In the case when the supply and demand model is used so the rent of the land set, and the economist draw the supply curve in a vertical line as the land supply is in fixed in nature, also it is perfectly inelastic, the quantity supplied does not rise in the case when the rent increased

These all reasons should be there as it is correlated with the price and the amount of the land

Hence, the correct option is d.

6 0
3 years ago
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