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klasskru [66]
3 years ago
7

As the number of people holding college degrees increases, assuming the demand for college educated labor stays constant, the wa

ges of college educated people would _____.
(A) increase as the supply of college educated labor increases.
(B) increase as the demand for jobs increases.
(C) decrease as the supply of college educated labor increases.
Business
1 answer:
Bond [772]3 years ago
3 0

Answer:

(C) decrease as the supply of college educated labor increases.

Explanation:

Labour Markets: with employees as labour sellers/ suppliers & firms as labour buyers/ demanders ; are at equilibrium where Labour Demand = Labour Supply.

Labour Demand curve is downward sloping because of wage - demand inverse relationship. Labour Supply curve is upward sloping because of wage - supply direct relationship.

An increase in supply of certain labour supply shifts labour supply curve rightwards. This creates excess supply of that labour & competition among sellers (prospective employees) reduces their price i.e wage rates.

Above explanation perfectly explains the case of college degree holders, whose supply increase would lower down their wages.

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Answer:

The correct answer is D

Explanation:

The compensatory stock option is the option which is given or provided to the employee, providing the ability for purchasing the certain number of the shares of the company at the price which is the pre- determined one along with the pre- determined range of the date.

And the stock options which have the outstanding account that should be decreased or reduced at the date of exercise.

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Which of the following is not true about loan amortization in a given loan? A. Both the interest payment and principal payment w
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Answer:

A. Both the interest payment and principal payment will be identical every period

Explanation:

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d). Chioe - Organizing

e). Kelly Tomasz - Leading

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