All categories

4 years ago

How do unions play a role in the economy

Business

1 answer:

pychu [463]4 years ago

4 0

Answer:

Explained below.

Explanation:

Unions perform essentially as a worker's cartels, restraining the number of laborers in a corporation either enterprise to push up the rest of the workers' salaries. They also hinder economic growth including suspension improvement from the reversal. Over time, unions damage jobs in the organizations they regulate and have a similar impact on marketing expenditure as it makes a 33 percentage point corporate revenue cost increment.

You might be interested in

From society's point of view the economic function of profits and losses is to:_______.

Natasha_Volkova [10]

Answer:

From society's point of view the economic function of profits and losses is to

Promote the equal distribution of real assets and wealth.

Explanation:

3 0

4 years ago

While conducting a security self-assessment of his personal laptop use, vann realizes that he is putting himself at risk by ____

KonstantinChe [14]

While conducting a security self-assessment of his personal laptop use, vann realizes that he is putting himself at risk by <u>putting off installing available software updates that he has been notified about.</u>

<u></u>

A self-assessment is an individual review performed to identify elements that can be improved or exploited to achieve certain predefined goals.

Self-assessment is the act or process of analyzing and evaluating oneself or one's actions: assessment of oneself.

The purpose of a self-assessment is to help an individual know the extent of their abilities and to improve upon them. It can be daunting to an employee when they first start self-evaluating, but over time it becomes more natural.

learn more about self-assessment here

brainly.com/question/26640332

#SPJ1

6 0

2 years ago

Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound.

Lerok [7]

Answer:

Total Material Variance = $2,400 Unfavorable

Explanation:

Total Materials Variance = Standard Cost - Actual Cost

Here, standard cost = Standard Quantity $\times$ Standard Rate

Standard quantity for actual output = 5,400

Standard Rate = $2.00 per pound

Standard Cost = 5,400 $\times$ $2.00 = $10,800

Actual Cost = Actual Quantity $\times$ Actual Rate

= 6,000 $\times$ $2.20 = $13,200

Total Material Variance = $10,800 - $13,200 = - $2,400 Unfavorable

Since the value is negative the variance is unfavorable, as actual cost is more than standard cost.

8 0

4 years ago

Every day at Coat Tech, Bill sands down cars and then Brian removes the dust. Next, Loni sprays primer on them, and Katie sprays

MaRussiya [10]

Answer:

Coat Tech’s workers have Sequential interdependence..

Explanation:

Sequential interdependence occurs when one unit in the overall process produces an output necessary for the performance by the next unit.

8 0

3 years ago

The U.S. Rice Millers’ Association claims that if the Japanese rice market were opened to imports by lowering tariffs, the resul

noname [10]

Answer: Protectionism

Explanation:

Protectionism occurs when the industries in a particular country are being protected from foreign competition by the government of that economy. Protectionism is done through the imposition of tariffs, quotas or total ban on the products of other countries.

In the question, the tariff on rice is an example of protectionism as the tariff will lead to an increase in the price of the foreign rice and the people will have to buy from the local rice suppliers. In this case, the local industry is protected.

7 0

3 years ago