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3 years ago

The article said that experienced workers’ wages often rose? Why would this be so, and what

Business

1 answer:

denpristay [2]3 years ago

7 0

<u>Explanation:</u>

It is true that the experienced workers are skilled workers so they complete the work quickly and efficiently when compared to the less experienced workers. Also the workers with experience have the ability to train the employees with less experience. Experienced workers do more work and they are more productive than less experienced workers so they receive higher wages.

Less experienced workers possess less skills so they are also paid less. training the workers is also a cost to the company so they pay less wages to inexperienced workers.

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inflation can be measured by the a. percentage change in the price of a specific commodity. b. percentage change in the consumer

Brut [27]

Answer:

b. percentage change in the consumer price index.

Explanation:

Inflation is the increase in the price of a commodity, it is expressed as a percent change in the price of an item. We can calculate the inflation using percentage change in consumer price index.

Consumer price index measure the percentage of change in the price of a market basket of consumer goods and services.

6 0

3 years ago

What is positioning? A. A part of a company-driven marketing strategy B. Dividing a market into smaller groups of buyers C. De

sergey [27]

Answer:

D. Arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers

Explanation:

Positioning simply consists in establishing a specific market position for the product or service relative to the products or services that the competition offers.

For example, Wal-Mart has found that its most effective positioning strategy is to occupy the market place of the cheapest retail store. Wal-Mart does not try to appeal to everyone, it tries to offer the cheapest products in the market (which in itself has a very wide appeal, but the appeal is not universal anyway).

6 0

3 years ago

Read 2 more answers

As an elected official, you have been informed that real GDP is below its potential and that action should be taken to encourage

telo118 [61]

Answer:

The answer is 2.5

Explanation:

Mpc = marginal propensity to consume

Mps = marginal propensity to save

Multiplier = 1/ 1-mpc= 1/ mps

Multiplier = 1/ 1-0.6 = 1/ 0.4 = 2.5

8 0

2 years ago

15pts-- multiple choice!

katrin2010 [14]

Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)

6 0

2 years ago

Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i

Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales - $368,500

Installation Fee - $19,250

Total Income - $387,750

less cost of sales - $320,000

Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee). The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months. Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

7 0

2 years ago