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3 years ago

The team leadership model puts who or what in the driver's seat of team effectiveness

1 answer:

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Team leadership model is a tool that is used to choose an effective leader in a way that he or she could be efficient in every way that he or she encountered. Most people use this tool because it contains factors and standards of an effective leader must have

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Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of

balandron [24]

Answer:

a) The demand curve for unskilled labor is vertical.

Explanation:

Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of $10 an hour, no one currently working will lose his or her job." This person must believe that the Group of answer choices demand curve for unskilled labor is vertical.

Response to prices depend on the elasticity of demand because elasticity of demand relates to how quantity demanded will fall as a result of increase in price or in this case wage rate.

A vertical demand curve is a pictorial demonstration of a perfectly inelastic demand which means that no matter how much to you increase the price no change will occur in quantity demanded as such a good is most essential to the consumers.

Therefore if the demand for labor is perfectly inelastic, it means nobody will be laid off with increase in wage rate as firms will not change their quantity demanded for labor.

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3 years ago

Read 2 more answers

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ankoles [38]

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3 years ago

Franklin Manufacturing provided the following information for the month ended Marchâ 31:

Alexxx [7]

Answer:

a. Cost of Goods Sold (COGS) amounts to $21,100

Explanation:

Computing the Cost of Goods Available for Sale as:

Cost of Goods Available for Sale = Beginning Finished Goods Inventory + Cost of Goods Manufactured

where

Cost of Goods Manufactured is $18,600

Beginning Finished Goods Inventory is $15,000

So, putting the values above:

Cost of Goods Available for Sale = $18,600 + $15,000

Cost of Goods Available for Sale = $33,600

Computing the COGS (Cost of Goods Sold) as:

Cost of Goods Sold (COGS) = Cost of Goods Available for Sale - Ending Finished goods Inventory

where

Cost of Goods Available for Sale is $33,600

Ending Finished goods Inventory is $12,500

So, putting the values above:

Cost of Goods Sold (COGS) = $33,600 - $12,500

Cost of Goods Sold (COGS) = $21,100

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3 years ago

________ suggests repeated exposure to TV commercials, or low involvement information processing, induces purchase decisions bef

Mariana [72]

Answer:Passive learning

Explanation:Passive learning can be described as students taking part in course elements that include solely the taking in of information. Examples of this include: reading, listing to a lecture, watching a video, and looking at pictures or PowerPoints. Students learn at the level by taking in the information presented.

It is the process used by an agent to learn the automaton representing the behavior of a different system when he has no control over the inputs supplied to an automaton. In this case the agent is a passive observer of the behavior of the system without interacting with it.

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3 years ago

Suppose that consumer income increases and that ground meat is an inferior good. Which of the following will occur in the market

antoniya [11.8K]

Answer:

d. Market clearing price will fall, and equilibrium quantity will fall.

Explanation:

Inferior goods are those goods which do not behave normally to market.

As with increase in consumer spending capacity, their demand decreases.

Accordingly with decrease in demand , the prices will fall.

Thus, either Statement b is correct or statement d.

Since demand and price both tend to fall, the equilibrium quantity will fall for the same, as the demand will be low, the equilibrium quantity will fall to meet the demand level.

Thus, Statement D is correct.

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3 years ago