Answer: In its rulings, the NLRB has shown clear support for employee involvement in decision making.
Explanation:
The National Labor Relations Board (NLRB) was founded in 1935 to administer the National Labor Relations Act. The National Labor Relations Board safeguards the rights of employees to organize and decide whether or not to have the unions serve as their representatives when bargaining with their employer
In its rulings, the National Labor Relations Board has shown clear support for employee involvement in decision making. This will encourage Erica to move forward with the employee empowerment program.
Price expectations about the future is another determinant of demand.
Explanation:
For example, An increase in the expected future price of electric cars may increase current demand for electric cars.
Individuals would naturally want to stock up more of electric cars in anticipation of an increase in their prices.
If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be higher.
More about market price:
The price at which a good or service can currently be purchased or sold is known as the market price. The dynamics of supply and demand influence the market price of a good or service. The market price is the cost at which the quantity supplied and the quantity demanded are equal.
In order to determine consumer and economic surplus, the market price is used. Customer surplus, also known as the market price, is the difference between the highest price a consumer is willing to pay and the actual amount they pay for the commodity.
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The next items to subtract from net sales in order to compute net income for a merchandiser are <u>Expenses</u>.
<h3>What are the expenses for a merchandiser?</h3>
The expenses for a merchandiser include selling and distribution expenses. Others are administrative expenses, including depreciation for long-term assets, and tax expenses.
Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other <u>expenses</u>.
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Answer:
the supply of labor faced by an individual firm is perfectly elastic.
Explanation:
In the case of the pure or perfectly competitive market when the wage rate is calculated instead by an individual firm so the each and every firm is wage taker this implies that the real equilibrium wage would be set in the market and the labor supply that faced by an individual firm would be perfectly elastic at the market rate
Therefore the third option is correct