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Montano1993 [528]
4 years ago
11

“If the minimum wage rate is higher than the equilibrium wage rate, fewer people will be hired because the cost of labor is too

high”. Do you agree or disagree?
Business
1 answer:
icang [17]4 years ago
5 0

If the minimum wage rate is higher than the equilibrium wage rate, fewer people will be hired because the cost of labor is too high. I agree.

Explanation:

  • If the minimum wage is set above the equilibrium wage rate, it has powerful effects. The Labor Market and the Minimum Wage The equilibrium wage rate is $4 an hour. The minimum wage rate is set at $5 an hour. So the equilibrium wage rate is in the illegal region
  • If the minimum wage is set below the equilibrium wage rate, it has no effect. The market works as if there were no minimum wage. If the minimum wage is set above the equilibrium wage rate, it has powerful effects.
  • The equilibrium market wage rate is at the intersection of the supply and demand for labour. Employees are hired up to the point where the extra cost of hiring an employee is equal to the extra sales revenue from selling their output.
  • When the labor market is in equilibrium, the economy is at full employment.
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The ________ measures the return on owners' (both preferred and common stockholders) investment in the firm.
tatyana61 [14]

Answer:

C) return on equity

Explanation:

The return on equity determines the financial performance of the company. It could be calculated by dividing the net income from the owners equity as according to the accounting equation, the owners equity could be find out by deducting the liabilities from the assets

So here the equity could be of both types i.e. common and preferred

Therefore the option c is correct

5 0
3 years ago
Who do yall want to win president this year and why
andrew-mc [135]

Answer:

jOe BiDeN

Explanation:

I can't vote yet, but if I do I would vote for Biden. He makes me believe that he would help everybody throught the pandemic and put everybody on lockdown again. Which is good. As for Trump, he let everybody get OUT of lockdown and what do we have now, we have almost 10 million cases of the coronavirus and 230k are dead. Plus Trump tweeted that he is dismissing all of the stimulus check plans and he says, WHEN he becomes president again, he will hand out big checks. To me, that is just him <em>assuming</em> he would become president. Well guess what Trump, you're not going to win.

So yeah, that's what I think.

ps. What did Trump do for these past 4 years other than have other people build a wall??

3 0
3 years ago
Read 2 more answers
Intel suggests it uses a standard discount rate across different lines of business. what would be a reasonable justification for
ser-zykov [4K]
The company utilizes a standard discount rate crosswise over various lines of business in light of the fact that the deliberate hazard over their distinctive business lines is the same. The financing cost charged to business banks and other store foundations for advances got from the Federal Reserve Bank's markdown window.
6 0
3 years ago
A sales associate relies on a(n) ________ to confirm any special packaging and promotions related to a purchase.
In-s [12.5K]

Based on marketing strategies, a sales associate relies on a(n) <u>UPC tag</u> to confirm any special packaging and promotions related to a purchase.

A UPC tag is a Universal Product Code tag that specifies the item's producer, a description of the item, information about special packaging, and special promotions.

A Universal Product Code is often referred to as a bar code. And it usually comes in 12 or 13 digits.

UPC tag is generally used for tracking trade items in the market.

Hence, in this case, it is concluded that the correct answer is <u>UPC Tag</u>.

Learn more here: brainly.com/question/22093459

5 0
3 years ago
Creek Co. uses the percentage of credit sales method in determining its bad debt expense. The following information comes from t
Afina-wow [57]

Answer:

b. $22.500.

The estimate of bad debt expense is $22,500

Explanation:

Method of Bad Debt estimation = Percentage of credit sale

Bad Debt Expense = 3% of credit sale  ($750,000)

Bad Debt Expense = 3% x $750,000

Bad Debt Expense = $22,500

5 0
3 years ago
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