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vredina [299]
3 years ago
13

What are some of the benefits of establishing a minimum wage?

Business
2 answers:
lapo4ka [179]3 years ago
7 0

it can help certain families

it serves as an employment incentive

it is a common reference with hiring in other jobs

it can also be helpful depending on the type of market

Alinara [238K]3 years ago
4 0

Answer:

When a minimum wage is set, workers who have jobs earn more money.

Explanation:

PLATO ANSWER!

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In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $283,104
Lesechka [4]

Answer:

$195,751

Explanation:

Calculation for the project's expected operating cash flow

The first step will be to find the EBIT

using this formula

EBIT =(Earnings before interest, taxes, depreciation, and amortization -Depreciation expense)

Let plug in the formula

EBIT= 283,104 - 53,228

EBIT= 229,876

Second step is to find the NOPAT using this formula

NOPAT = EBIT(1- tax rate)

NOPAT= 229,876(1 - 0.38)

NOPAT= 142,523

Last step is to calculate for Expected Operating Cash flow

Using this formula

Operating cash flow = NOPAT + Depreciation expenses

Let plug in the formula

Operating cash flow = 142,523 + 53,228

Operating cash flow = $195,751

Therefore the project's expected operating cash flow will be $195,751

3 0
3 years ago
Outline four merits of indirect taxes​
lesantik [10]

Answer:

Explanation:

1.Convenient: Indirect taxes are more convenient to pay. ...

2.Less Pinching: The announcement effect of indirect taxes does not provoke resentment, because they cause less annoyance to the public as they are not felt directly. ...

3.Not Easily Evadeable: ...

4.Broad based: ...

hope it helps!!

pls make me brainlest!

:)

5 0
3 years ago
There are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the f
Softa [21]

Based on efficiency, the businesses that should cut hair are the A and C; moreover, to meet the demand, each firm will need to offer at least two haircuts.

The supply of a product or the units of a product that is offered to potential customers should always meet the number of real customers. In the same way, the price of the product should meet the price customers are willing to pay.

In this context, the best is that only firm A and C cut hair, this is because their prices per cut ($25 and $30) match the consumers' willingness to pay this includes Lorenzo ($35), Gilberto ($50), Juanita ($40) and Neha ($25).

  • Firm A can cut Neha's and Lorenzo's hair
  • Firm C can cut Gilberto's and Juanita's hair

Moreover, this implies each firm needs to do at least 2 haircuts to cover all the possible customers.

In the case of firms B and D, the price per cut is high ($40 - $45). Based on this,  they should not cut hair as only a few customers can pay for this service, and this would be inefficient.

Learn more in: brainly.com/question/13225200

4 0
2 years ago
For each of the scenarios, calculate the surplus and indicate if it is a producer surplus or a consumer surplus. Alice is willin
elena-14-01-66 [18.8K]

Answer:

Producer surplus.

Explanation:

Producer surplus is the difference between the price of a product they're willing to sell and the price they're gonna actually received. In this case she is willing to spend $30 + $10 coupon and she buys $35 pair of jeans.

So, she's only paying $30, that means seller is receiving $5 less.

Therefore, producer surplus is $5.

8 0
3 years ago
Consider the old maxim, "build a better mousetrap and the world will beat a path to your door." discuss the meaning of this phra
MAVERICK [17]

In the context of time-based competition,  "build a better mousetrap and the world will beat a path to your door." could be interpreted as "those who make better innovations would obtain the most opportunities to obtain profit in the market"

Innovations only offers advantages in the competition because it offer different options for consumers that exclusively belong to US. But innovation is NOT THE ONLY factors for the product's success. There are other factors that can influence the success such as marketing strategies, condition of the economy

6 0
3 years ago
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