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3 years ago

Both supply and demand concepts rest on the relationship between quantity supplied or demanded.

Business

1 answer:

Rashid [163]3 years ago

7 0

Answer:

False

Explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

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2. A female worked for a city government as a "HR Analyst—classification and compensation." She earned a salary equivalent to $3

Sever21 [200]

According to the Equal Pay Act, the situation presented is an example of wage discrimination based on gender.

The Equal Pay Act is a United States labor law passed in 1963. This law was created to abolish the gender pay gap.

According to this law, employers (public and private) are prohibited from paying differentiated salaries based on sex in jobs that require equal skills, effort and responsibilities, and that are performed under similar working conditions.

Based on the Equal Pay law, the situation of two employees of different sex who perform a job as HR Analyst - classification and compensation and receive different salary if it is discriminatory due to:

Are employees of the same employer
They perform the same tasks with the same skill, effort, and responsibility requirements.
They are in similar or equal working conditions.

According to the foregoing, it can be inferred that it is a differential treatment based on discrimination based on sex.

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4 0

2 years ago

The rate of economic growth per capita in france from 1996 to 2000 was 1.9% per year, while in korea over the same period it was

bagirrra123 [75]

Answer:

36.83 years

16.85 years

$63,710.88

$ 71,490.43

Explanation:

We can use the nper formula in excel to compute the doubling time for the capital real GDP of both countries

=nper(rate,pmt,-pv,fv)

FV is the future real GDP which $28,900*2=$57,800 for France while that of Korea is $25,400 ($12,700*2)

PV is the present real GDP

rate is the economic growth rate of 4.2% in Korea and 1.9% in France

France=nper(1.9%,0,-28900,57800)= 36.83

Korea=nper(4.2%,0,-12700,25400)= 16.85

In 2045 ,which is 42 years from now the real GDP are shown thus:

=fv(rate,nper,pmt,-pv)=fv(1.9%,42,0,-28900)=$63,710.88

=fv(rate,nper,pmt,-pv)=fv(4.2%,42,0,-12700)=$ 71,490.43

3 0

3 years ago

A rightward shift of the supply of loans curve would

Minchanka [31]

C. increase in the interest rate

3 0

2 years ago

Jamie is looking for a new job. She used to be the top sales representative for the region and was expecting to be promoted. How

LUCKY_DIMON [66]

Answer: Performance-Reward

Explanation:

Jamie's dissatisfaction with her job arises from the lack of performance-reward relationship in her place of work, this is because position she merited based on her high performance was given to another individual unfairly. Performance-reward relationship is when an employee expects a certain type of reward for outstanding performance on their(the employee's) part.

5 0

3 years ago

Wisteria Co. produces snowboards and uses a standard cost system. Variable overhead is applied using direct labor hours. Standar

Ket [755]

Answer:

Variable overhead rate variance = $2,870 favorable

Explanation:

Variable overhead rate variance is the difference between the standard cost allowed for variable production overhead and the actual variable cost incurred.

This computed as follows:

17,130 hours should have cost ( 17,130 ×7.20) 123336

but did cost <u>120,466</u>

Variable overhead rate variance <u> 2870 </u> Favorable

Variable overhead rate variance = $2,870

6 0

3 years ago