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3 years ago

In two or three sentences, describe the labor market.

2 answers:

3 0

I think the labor market is the nominal market in which workers find paying work, employers find willing workers, and wage rates are determined.

shusha [124]3 years ago

3 0

Answer: The labor market is a market where the demand and supply for jobs meet to interact with one another. The numbers of workers that want to work depend on the level of pay that the employers want to pay. Equilibrium exists where supply of labour equals demand for labour.

Explanation:

The labor market refers to a market where workers and employers reach an agreement or interact for labor and wages. The worker provides the service which the employers need. The employer refers to an organization that needs an individual to do specific task while the worker is an individual who offer his service for pay or compensation.

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Kiersten and her four siblings are starting their own home design business. One of their primary goals is keeping the loving rel

Leto [7]

Answer:

Correct option is D.

Explanation:

An accurate recommendation of the Act is that <u>there should be discussion and well understood ways that the partners will handle disagreements.</u>

8 0

4 years ago

Holding all other things constant, an increase in the company's required return on investment (ROI) will affect:

statuscvo [17]

Answer:

It will affect the profit after taxes of the company.

Explanation:

A higher ROI means that for the same level of investment, higher levels of return are achieved. In this case, the company's return is the profits after taxes, those that shareholders have the right to claim. Without considering variances in the level of investment, higher levels of profit can be obtained by a more significant difference between revenue and total expenses (including costs, operative expenses and depreciation and interests)

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3 years ago

Sommer Corporation began the year with cash of $130,000 and land that $55,000. During the year Sommer earned service revenue of

kirza4 [7]

Answer:

How much net income (or net loss) did Sommer experience for the year?

$11000

Explanation:

earning 280000

Expenses salaries 159000

Expenses rent 85000

Expenses Utilities 25000

Net Income 11000

4 0

3 years ago

Joanette, Inc., is considering the purchase of a machine that would cost $570,000 and would last for 9 years, at the end of whic

arsen [322]

Answer:

The NPV of the project is -$68,870

Explanation:

- We have the cash flows from the investment and its timing as listed below:

+ Year 0 : - (Initial Machine investment cost + working capital) = -$573,000;

+ Year 1 - Year 8, each year: Labor and other cost reduction = $117,000;

+ Year 9: Labor and other cost reduction + Working capital recovery = 117,000 + 3,000 = $120,000.

- Thus, net present value of the project is all the above cash flows discounted at required rate of return 18%, calculated as followed:

-573,000 + [ (117,000/0.18) / ( 1 - 1.18^-8) ] + (120,000/1.18^9) = -$68,870.

- So, the answer is NPV of the project is -$68,870.

4 0

3 years ago

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

Tems11 [23]

Answer:

The correct answer is letter "B": She is reviewing her goals and aligning the budget to work toward them.

Explanation:

Smart financial planning is the strategy by which individuals or corporations adjust their budgets according to the current situation they face. The adjustments are done as many times as necessary to accomplish the goals those individuals or firms have set.

In Christie's case, the reason why she adjusts her budget by the end of every month is that she needs to match her expenses with her objectives so she can reach them.

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3 years ago

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