Answer:
The greater labor's share of production costs, the <u>higher</u> elasticity of demand for labor.
When labor costs are a high share of total production costs, the elasticity of labor demand is higher. For example, customer service jobs like fast foods, or gas pumping, have high labor costs as a percentage of total production costs, and these sectors have a very elastic labor demand.
you would expect the demand for human ski instructors to be less elastic the demand for human factory workers.
In the year 2035, with robots having replaced most humans in factory jobs, occupations such as ski instructor, or dance instructor, or musician, would have a low labor demand elasticity because these skills are not easily learned, or easily replicated by a robot, meaning that the humans specialized in those jobs will be more demanded, and the demand for their labor will be more stable.
Answer:
$180
Explanation:
Expected return E(r) = 
D1= Next year's dividend
P1 = Next year's price
P0 = Current price
Since the beta is 1, it means this stock's return = market return = 20%
E(r) = 
0.20 = 
Multiply both sides by 155
31 = P1-149
Add 149 on both side s to solve for P1;
31+149 = P1
180 = P1
Therefore, the stock will sell at $180
An accountant would most likely work in a cubicle
<span>The Federal supervises and regulates a lot of the nation’s banks to secure consumers. It preserve the stability of the financial markets and constrains possible
crises and it provides banking services to other banks, the U.S. government and
foreign banks. The Fed moderates long-term interest rates through open market
operations and the fed funds rate. The goal of monetary policy is </span>healthy economic growth. That target is a
2-3 percent gross domestic product growth.
Answer:
$128,477
Explanation:
Given that
Payment to finance for purchasing the machine = $30,500
Rate of interest = 6%
Future value of one for five periods at 6% is 1.33823
The future value of an ordinary annuity for five periods at 6% is 5.63709.
The present value of an ordinary annuity for five periods at 6% is 4.21236.
So by considering the above information, the cost of the machine is
= Payment to finance for purchasing the machine × present value of an ordinary annuity for five periods at 6%
= $30,500 × 4.21236
= $128,477
