1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sertanlavr [38]
4 years ago
12

An upward-sloping labor supply curve implies that Group of answer choices a firm can always hire more workers, even without incr

easing the wage. more workers are willing work when wages are low. more workers are willing to work as the market wage increases. there is a continuously increasing demand for labor. the labor supply is fixed.

Business
1 answer:
Crank4 years ago
3 0

Answer:

more workers are willing to work as the market wage increases.

Explanation:

IF the labour supply curve is upward sloping, its that  means there is a positive relationship between wages and labour supply. The higher the wages, the higher the number of workers willing to work. The lower the wages, the lower the number of workers willing to work

Please check the attached image for a upward sloping labour supply curve

You might be interested in
Identify the accounting​ concept, assumption, or principle that best applies to each of the following​ situations: a. Inflation
lianna [129]

Answer:

The list is follows:

a. Inflation has been abound​ 2.5% for some time. Village Realtors is considering measuring its land values in​ inflation-adjusted amounts - Stable-monetary-unit assumption

b. You get an especially good buy on a laptop​, paying only $ 300$300 when it normally costs $ 800. What is your accounting value for this laptop? - Historical cost principle

c. Burger King​, the restaurant​ chain, sold a store location to McDonald. How can Burger King determine the sale price of the store long dash—by a professional​ appraisal, Burger King​'s original​ cost, or the amount actually received from the​ sale? - Historical cost principle

d. General Motors wants to determine which division of the company long dash—Chevrolet or Cadillac long dash—is more profitable - Entity assumption

6 0
4 years ago
Economic models
Fiesta28 [93]

Answer:

D.

Explanation:

A economic model can be used to explain or predict economic phenomena, because every model has to have key variables that command the economic decisions and operations.

An economic model is define to get a specific goal, so when some problem comes, you can study every decision based on the model applied, that 'simplifies' solutions, or even better, you must be able to predict when economic problems will arrive.

7 0
3 years ago
___________business that is carried out across national borders, including international trade, foreign manufacturing, and the g
maksim [4K]

Answer:

International business is the correct answer.

Explanation:

  • International business includes all economic activities that take place for the movement of resources, services, goods, people, thoughts, and technologies across national borders.
  • International business is important because International exchange makes the business more successful and to increase the market of its country.
  • The benefits of international business are: It Increase the Organization's reputation and expand the Company Markets.

5 0
3 years ago
Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,902.14. The bond has a coupon rate of 6.48 percent and m
Virty [35]

Answer:

yield to maturity = 7.06%

Explanation:

yield to maturity (YTM) is calculated using the following formula:

YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]

  • FV = $2,000
  • PV = $1,902.14
  • C = $2,000 x 6.48% x 1/2 = $64.80
  • n = 12 x 2 = 24

YTM = {64.80 + [(2,000 - 1,902.14) / 24]} / [(2,000 + 1,902.14) / 2] = (64.80 + 4.0775) / 1,951.07 = 0.0353 or 3.53% semianually or 7.06% annually

Since the bond sells at a discount, its yield to maturity will be higher than the coupon rate.

8 0
3 years ago
Hodor borrowed $1000. The bank charges him 5% interest per year. At the end of year, he paid $50 in interest. There was 2% incre
dem82 [27]

Answer:

5%

Explanation:

nominal interest rate = 5%

real interest rate = nominal interest rate -  increase in GDP deflator (inflation rate) = 5% - 2% = 3%

The nominal interest rate is the interest rate earned or charged without considering the effects of inflation. The real interest rate adjusts the nominal interest rate against the year's inflation rate.

5 0
3 years ago
Other questions:
  • Which type of service specializes in providing advisory services to clients instead of the traditional transaction-based, commis
    10·1 answer
  • Amsted, Inc. is considering a project that will increase revenues by $2.5 million, cash operating expenses by $700,000, and depr
    11·1 answer
  • The use of debt is called A. financial leverage. B. production leverage. C. operating leverage. D. total asset turnover risk. E.
    11·2 answers
  • The sources of quantitative standards include
    10·1 answer
  • A 6.5 percent coupon bond with 14 years left to maturity is priced to offer a 7.2 percent yield to maturity. You believe that in
    6·1 answer
  • Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. Check all that apply. Scenario Sho
    10·1 answer
  • Joe lost a substantial amount gambling at a race track today. On the last race of the​ day, he decides to make a large enough be
    11·1 answer
  • A company’s normal selling price for its product is $28 per unit. However, due to market competition, the selling price has fall
    13·1 answer
  • Suppose when you are 21 years old, you deposit $1,000 into a bank account that pays 6 percent annual compound interest, and you
    14·1 answer
  • You were recently hired by Scheuer Media Inc. to estimate its cost of capital. You obtained the following data: D1 = $1.75; P0 =
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!