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Sever21 [200]
3 years ago
9

In two or three sentences, describe the labor market.

Business
2 answers:
Gelneren [198K]3 years ago
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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A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the _____ distr
crimeas [40]

A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the<u> normal distribution.</u>

A symmetrical distribution about the mean, such as the normal or Gaussian distribution, indicates that data points closer to the mean occur more frequently than data points further from the mean.

The normal distribution is represented graphically by a bell curve. A bell curve of probabilities is more properly known as the normal distribution. The standard deviation is one and the mean is zero in a normal distribution. Its kurtosis is 3, and its skewness is 0. Not all symmetrical distributions are normal, but all normal distributions are symmetrical. The normal distribution can be thought of as a rough approximation of many naturally occurring events. However, most price distributions in finance are not normally distributed.

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To know more about normal distribution refer to:

brainly.com/question/14725173

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6 0
1 year ago
A local restaurant owner is considering expanding into another rural area. The expansion project will be financed through a line
Vladimir79 [104]

Answer:

B) ​$2,500 per month rent.

Explanation:

Incremental cash flows do not include interest payments on investment capital, since the cash flows should be equally generated if you invest your own money, another partner invests his money or someone else lends it to you. The same logic applies to the administrative costs of the credit line.

5 0
3 years ago
You own a computer company, and you launch a joint venture with a competitor to create a new super-speed tablet. Unfortunately,
Harlamova29_29 [7]

Answer:

Failing to analyze and take into account the competitor technological environment.

Explanation:

When initiating a new joint venture, a company must analyze many environments, such as cultural, organizational, financial, technological, processual, and others. In this case, it was necessary to analyze the current technological competitor environment to check the compatibility of operating systems and the cost and viability of adjusting accordingly. Nothing was done, hence the joint venture’s failure.  

4 0
3 years ago
A service is any intangible offering that involves a deed, performance, or effort that:
Artyom0805 [142]

Answer:

(A)cannot be physically possessed

Explanation:

A service is any intangible offering that involves a deed, performance, or effort that cannot be physically possessed.

A service is a transaction in which no physical good is transferred to the buyer.

Some of the major properties of Services are:

  • Intangibility
  • Perishability
  • Uniqueness

Examples of services are Education, Consultancy, Repair and maintenance services, Electricians, Plumbing , Law enforcement (provides the service of identifying and apprehending criminals)  etc.

3 0
3 years ago
Read 2 more answers
Sorry i accidently did this. do not know how to work
san4es73 [151]

Answer:

sorry for u

Explanation:

will they barn u

6 0
2 years ago
Read 2 more answers
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