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kakasveta [241]
2 years ago
7

The average German worker worked about 400 fewer hours per year and earned nearly​ $14,000 less than did the average worker in t

he United States. Can we conclude anything about the​ well-being of the average German worker versus the​ well-being of the average worker in the United States from these​ data? What other measures would you like to see in evaluating the​ well-being of workers in these two​ countries?
Business
1 answer:
Phoenix [80]2 years ago
8 0

Answer:

By itself his information doesn't tell us a lot about the well being of German and American workers because even though German workers earn significantly less than American workers, they also work less hours.

Both Germany and the US are considered developed countries and other factors must be included before determining the standard of living of the population, e.g. crime rates, pollution, income distribution, life expectancy, etc.

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ABC Co. expects to sell 2,200 units, give or take 10 percent. The expected variable cost per unit is $8.43 and the expected fixe
topjm [15]

Answer:

Earning Before Interest and Taxes                                           $3,704

Explanation:

Sales (2,200 * 16.25)                                                                 35,750

Less: Variable Costs (2,200 * 8.43)                                          <u>(18,546)</u>

Contribution Margin                                                                   17,204

Less: Fixed Cost                                                                         (9,500)

         Depreciation Expense                                                      <u>(4,000)</u>

Earning Before Interest and Taxes                                           <u>$3,704</u>

3 0
3 years ago
Assume that at the current market price, a perfectly competitive firm's profit-maximizing level of output yields total revenues
wlad13 [49]

Answer:

c. The firm is earning zero economic profit and should continue to operate.

Explanation:

This is because at that point firm has not earned any profit or facing a loss.

6 0
2 years ago
On the Navigation Bar, which of the following would you select to enter inventory item maintenance information?
4vir4ik [10]

Answer:

4. Maintain; Defaults, Inventory Items, record inventory information.

Explanation:

The question, in my understanding, is referring to master data of inventory items. Most enterprise inventory systems maintain attributes/information about a specific inventory item in a master table so that this record (and all other default info saved against it) can be pulled up and used in transactions as needed. Answers 1-3 are all pertaining to transactions and not maintenance information.

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3 years ago
If consumption increases, a) the SRAS curve will shift rightward, which will push the price level up. b) the SRAS curve will shi
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Answer: Option (d) is correct

If consumption increases, the AD curve will shift rightward, which will increase the price level.

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If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.

Because there is more demand in the economy which gives an advantage for the producer to charge higher price.

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3 years ago
A reinforcement is given for the first response after a variable time interval has elapsed in a _____ schedule.
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