simply demand and supply
To understand the answer it is important to understand the definition of supply and demand in the labor market in any economy. The supply and demand for labor are much like the supply and demand for any other service. Consistent with the law of demand and supply (as price rises, quantity demanded falls and quantity supplied rises.
In the graph, we can see that the impact of population is also mediated by average salary and salary structure, the higher the number of teachers the lower the salary, because the supply is high, when supply is high, demand decreases, which then affects salary, now looking at athletes population, we can see that the salary is higher, simply because the supply of atheles is low.
Answer:
The correct answer is option A.
Explanation:
Labor productivity refers to the hourly output of a country's economy.
It is also called workforce productivity. Labor productivity depends on human capital, physical capital and level of technology.
Labor productivity is measured by calculating the ratio of total output and total number of labor hours. It increases with improvement in technology, human capital and increase in physical capital.
Dumping because it means selling goods in a foreign market that is far below the price of production.
<span>Answer:
Cost of goods sold = Beginning inventory + Purchases - Ending inventory
2013 Ending inventory 5000 understated, COGS is overstated and net income is understated by 5000
2014 Beginning inventory is understated, COGS is understated, and net income is overstated 5000
Combined the beginning inventory for 2013 and the ending inventory for 2014 are correct so no effect on net income.</span>
