What is a duty paid on a particular class of goods?

Suppose that the country of Libraria made a concerted effort to increase the educational level of its people. If this effort had

tatuchka [14]

Answer:

If this effort had no effect on the wages of its workers, one might consider this as evidence in support of:

d. neither the human-capital nor the signaling view of education.

Explanation:

The human capital view of education argues that education increases workers' productivity, which also affects some increase in workers' wages. The signaling view states that education passes a message about workers' various innate abilities to potential employers. This implies that the focus of the signaling view or theory is not the effect of education on the students but the message communicated in the labor market.

6 0

3 years ago

The Arcadia Company has 200,000 shares of cumulative, seven percent, $200 par value preferred stock outstanding. Last year the c

mr_godi [17]

Answer:

the dividends in arrears = $2,800,000

the total dividend that must be paid this year = $5,600,000

Explanation:

the dividends in arrears

Last Year = 200,000 shares × $200 × 7%

= $2,800,000

total dividend that must be paid this year

Note : The Preference Shares are cumulative meaning that arrears in dividends are accumulated to be paid at a future date

Last Year`s Dividend $2,800,000

Add This Year`s Dividend $2,800,000

Total $5,600,000

4 0

3 years ago

Read 2 more answers

Grizzly Company had Retained Earnings at December 31, 2018 of $300,000. During 2019, the company had revenucs of $600,000 and ex

scZoUnD [109]

Answer:

b. $358,500

Explanation:

Given;

Retained Earnings at December 31, 2018 = $300,000

In 2019,

Revenue = $600,000

Expenses = $525,000

Declared and paid dividends = $16,500

Retained earnings on the balance sheet as of December 31, 2019

= $300,000 + $600,000 - $525,000 - $16,500

= $358,500

The right option is b. $358,500

3 0

3 years ago

Workers at a bicycle assembly plant currently earn the mandatory minimum wage. If the federal government increases the minimum w

sveta [45]

Answer:

(C) Supply of bicycles will shift to the left.

Explanation:

A change in supply results to a shift in the supply curve. A decrease in the change in supply, which is caused by an increase in price will shift the supply curve left.

5 0

3 years ago

A monopsonistic employer in an unorganized (nonunion) labor market will: Group of answer choices pay a wage rate in excess of la

pogonyaev

Answer:

pay a wage rate less than labor's MRP

Explanation:

A monopsonistic employer in an unorganized (nonunion) labor market will: "pay a wage rate less than labor's MRP"

The above statement is based on the idea that Monopsony is a market situation whereby a single buyer or firm is the only purchaser of a good or service, which in most cases has to do with the purchase of labor.

And given the fact that the firm is the sole purchaser of labor, where there is no labor union, there is a high tendency that such firm or employer pays a wage rate less than labor's marginal revenue productivity.

3 0

3 years ago