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drek231 [11]
3 years ago
15

Which of the following is an example of a firm’s derived demand? a. Workers with higher levels of education earn more, on averag

e, than workers with lower levels of education. b. Factors that decrease the demand for labor will decrease the equilibrium wage. c. A tractor manufacturer’s demand for assembly-line workers is inseparably linked to the supply of tractors. d. All of the above are correct.
Business
1 answer:
Mademuasel [1]3 years ago
7 0

Answer:

c. A tractor manufacturer’s demand for assembly-line workers is inseparably linked to the supply of tractors

Explanation:

Derived demand is when the demand for a good, service or labour is as a result of demand for another good or service.

The demand for assembly line workers is as a result of demand for tractors. If there was no demand for tractors ,there would be no need to employ assembly line workers.

I hope my answer helps you.

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Nanjones Company manufactures a line of products distributed nationally through wholesalers. Presented below are planned manufac
Dima020 [189]

Answer:

Manufacturing overhead volume variance= $1,200 unfavorable

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Fixed Predetermined manufacturing overhead rate= 1,200,000/240,000

Fixed Predetermined manufacturing overhead rate=  $5 per machine hour

<u>Now, to calculate the fixed manufacturing overhead volume variance, we need to use the following formula:</u>

<u></u>

Manufacturing overhead volume variance = Actual Factory Overhead - Budgeted Allowance Based on Standard Hours

Manufacturing overhead volume variance= (101,200) - (5*20,000)

Manufacturing overhead volume variance= $1,200 unfavorable

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3 years ago
The proportion of working adults to retirees, which is expected to rise dramatically as the baby boomers retire, is called the
emmainna [20.7K]

The proportion of working adults to retirees, which is expected to rise dramatically as the baby boomers retire, is called the old-age dependency ratio.

 

To add, old-age dependency ratio is <span>the ratio between the number of persons aged 65 and over (age when they are generally economically inactive) and the number of persons aged between 15 and 64.</span>

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3 years ago
Customer experience management is a business science with the direct purpose of:
Paha777 [63]

As for customer experience management, Gartner sums it up pretty well in its definition: “the practice of designing and reacting to customer interactions to meet or exceed customer expectations and, thus, increase customer satisfaction, loyalty and advocacy.”

Customer satisfaction (CSAT) is a metric for gauging how well a company's goods, services, and general customer experience live up to expectations. By demonstrating how well your goods or services are received by customers, it represents the health of your firm.

In marketing, the phrase "customer satisfaction" is commonly used. It evaluates whether a company's goods and services meet or exceed customers' expectations.

Learn more about customer satisfaction here

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4 0
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Answer:

The correct answer is letter "C": racial or ethnic discrimination.

Explanation:

Racial or ethnic discrimination takes place when one individual denies a right to other people just because of their ethnicity or race. In the corporate world, any kind of <em>sex, race, age, nationality, ethnicity, </em>or <em>impairment</em> (among others) discrimination is prohibited and is protected under the Civil Rights Act of 1964. The U.S. federal agency in charge of enforcing such a rule is the Equal Employment Opportunity Commission (EEOC).

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3 years ago
All insurance is based on a principle called A. division of risk. B. investment premiums. C. cash value coverage. D. premium ear
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The answer is A. <span>division of risk.</span>
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