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
balandron [24]
3 years ago
9

Two employers pay a wage of $10 an hour. Employer A is a monopsony while Employer B hires in a competitive labor market. Both fi

rms sell their output in competitive markets. Which of the following will be true? The marginal worker in both firms will add the same to the firm's revenue. It will cost employer A more to hire another worker. Employer A has a higher average wage cost per worker than Employer B. If a worker left employer A and joined employer B, the economy would be better off.
Business
1 answer:
defon3 years ago
5 0

Answer:

It will cost employer A more to hire another worker

You might be interested in
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank
Mamont248 [21]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0
3 years ago
One reason a long-tenured top-level manager may hesitate to conclude the firm's structure is a problem is that doing so: a. sugg
uysha [10]

Answer: suggests that the firm's previous choices were not the best ones.

Explanation: For a long-tenured top-level manager to make such proclamation, shows the inefficiencies of the firm which he is a part of. He obviously has been with the firm for a very long time and making that proclamation will also be a dent in his image as a manager.

8 0
3 years ago
Milk is a heterogeneous mixture how? <br>​
Naddika [18.5K]

Answer:

it gives you white particulates so it is a heterogeneous mixture

7 0
2 years ago
Illinois Company is attempting to develop the cost function for repair costs. The following past data are available: Machine Hou
Harlamova29_29 [7]

Answer:

$480

Explanation:

Data provided in the question:

Machine              Hours Repair Costs

2,400                       $6,385

1,200                        $3,480

2,000                       $5,285

3,400                       $8,980

Now,

                       Machine              Hours Repair Costs

Highest             3,400                       $8,980

Lowest              1,200                        $3,480

Difference        2,200                       $5,500

Unit variable cost =  $5,500 ÷ 2,200

= $2.5

Total cost at high level = $8,980

Machine hours highest level = 3,400

Also,

Total cost at high level = Fixed cost + Variable cost at highest level

or

$8,980 = Fixed cost + [ $2.5 × 3,400 ]

or

Fixed cost = $8,980 -  [ $2.5 × 3,400 ]

= $8,980 - $8,500

= $480

7 0
2 years ago
What are important information that is needed before you create a PowerPoint presentation
mr_godi [17]
How to copy and paste and be creative
5 0
3 years ago
Other questions:
  • Property ownership madison owned a tract of land, but he was not sure that he had full title to the property. when rafael expres
    11·1 answer
  • On May 1, 2021, Concord Corporation declared and issued a 10% common stock dividend. Prior to this dividend, Concord had 207000
    5·1 answer
  • "A drink costs 2 dollars. A taco costs 3 dollars. Given the number of each, compute total cost and assign totalCost with the res
    12·1 answer
  • On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an
    9·1 answer
  • In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel
    12·1 answer
  • Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. Barb also deposited $3,000
    12·1 answer
  • Developing a pool of concepts to serve as candidates for new products is the __________ stage of the new-product process.
    12·1 answer
  • Assume the carrying capacity of the earth is 13 billion. Use the 1960s peak annual growth rate of 2.1​% and population of 3 bill
    6·1 answer
  • Olivia is really good at working with computers and has been helping at her mom's company by setting up and maintaining the empl
    14·1 answer
  • Bob visited the offices of MASS, a successful insurance company in Boston. MASS needs people who are good with numbers. When Bob
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!