1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andreyandreev [35.5K]
4 years ago
14

A minimum wage that is set above a market's equilibrium wage will result in an excess:________.

Business
1 answer:
Pani-rosa [81]4 years ago
3 0

Answer:

D

Explanation:

A minimum wage set above market's equilibrium wage increases the cost of hiring labour. so the demand of labour falls.

A minimum wage that is set above a market's equilibrium wage increases the income that would be earned by labour, so the supply of labour increases.

Because the increased supply for labour would not be matched with a corresponding increase in demand, there would be unemployment

You might be interested in
El Capitan Foods has a capital structure of 36% debt and 64% equity, its tax rate is 35%, and its beta (leveraged) is 1.40. Base
Aleks [24]

Answer:

The unlevered beta is 1.03

Explanation:

The formula for unlevered beta is given below:

Unlevered Beta (βA) = Equity Beta (βE) /1 + (1 − t) × D/E

equity beta is 1.40

t is the tax rate at 35% or 0.35

D is the debt value given as 36% or 0.36

E is the equity value given as 64% or 0.64

Unlevered Beta (βA=1.40/(1+(1-0.35)*0.36/0.64

Unlevered Beta (βA)=1.40/1+(0.65)*0.36/0.64

Unlevered Beta (βA)=1.40/1+(0.65)*0.5625

Unlevered Beta (βA)=1.40/1+0.365625

Unlevered Beta (βA)=1.40/1.365625

                                =1.025171625  approx. 1.03

6 0
4 years ago
The main purpose of taxes is to:
vovangra [49]
The main purpose of taxes is used to help support and continue government programs that help provide stable housing and food for the poor. :D
8 0
3 years ago
WHAT IF THE FACTS WERE DIFFERENT? Assume that McDonald's had a pattern of accepting late payments and there was no agreement, "t
OLEGan [10]

Answer:

1. Could C.B. Management, Inc., prevail on its claim?

  • probably it could since it was a common practice for McDonald's

2. C.B. Management, Inc. would be more likely to prevail if it could show that McDonald's terminated the franchise.

  • arbitrarily, since it accepted other late payments from other franchisees.

Explanation:

In the original question, C.B. Management had a franchise contract with McDonald's but it continuously paid their franchise fees late. At the beginning McDonld's accepted the late fees but then it decided it wouldn't accept them anymore. Since late fees represented a breach of the franchise contract, McDonald's decided to terminate its contract with C.B. Management. In the first scenario, McDonald's was entitled to terminate the contract due to C.B. Management's continuous breaches.

What changes here, is that McDonald's generally accepts late payments from other franchisees and there acceptance of prior late fees meant that the original contract clause was invalid.

3 0
3 years ago
In your own words: what is the relationship between organizing and controlling?
Ronch [10]

That both are like staying on task and staying good.

6 0
3 years ago
Here is an example of a positioning statement for Volvo:
lbvjy [14]

Answer:

The correct answer is letter "D": Other family automobiles.

Explanation:

In Marketing, a positioning statement is the segment a company uses to express how their product fits consumer needs. It can also represent the competitive advantage of the product letting know consumers why they ought to choose the company's product instead of competitors.

The frame of the positioning statement is the context of reference the segment is based on. Thus, in the example:

<em>"For upscale American families, Volvo is the family automobile that offers maximum safety"; </em>

under the context of the <em>family automobiles</em>, Volvo is trying to promote its vehicles as the safest.

7 0
4 years ago
Other questions:
  • Draw a curve that shows the relationship between the tax rate and the amount of tax revenue collected. The relationship between
    8·1 answer
  • A client-server relationship is the basic form of a _____.
    14·1 answer
  • Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6
    14·1 answer
  • All employers are required by law to provide certain benefits to their employees. An example of such a benefit would be
    11·1 answer
  • ________ refers to the apprehension among minority group members that they might confirm to existing cultural stereotypes. a. Pe
    8·1 answer
  • In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy: changes income, which chang
    14·2 answers
  • FedEx hired an ad agency to create advertising that would communicate the benefits of using its service. The agency wanted to co
    15·1 answer
  • The difference between social cost and private cost is a measure of the
    8·2 answers
  • A Notary Signing Agent and a borrower have finished signing documents and all that is left to wrap-up the appointment is to chec
    11·1 answer
  • For a differentiation strategy to strengthen a company's strategic position and boost its competitive advantage, ______.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!