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erma4kov [3.2K]
3 years ago
11

SCENARIO 1.1: An economist wants to understand the relationship between minimum wages and the levelof teenage unemployment. The

economist collects data on the values of the minimum wage and the levelsof teenage unemployment over time. The economist concludes that a 1% increase in minimum wagecauses a 0.2% increase in teenage unemployment. From this information he concludes that the minimumwage is harmful to teenagers and should be reduced or eliminated to increase employment amongteenagers.
Business
1 answer:
Harman [31]3 years ago
3 0

Answer : Minimum Wage

Explanation: From the scenario analysis the minimum  wage should be reduced since its increasing the unemployment rate so that lesser wages would make the youth to work more for their salary.

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Answer:

the economic order quantity is 313 units

Explanation:

The computation of the economic order quantity is shown below:

= sqrt( 2 ×annual demand × ordering cost)  (carrying cost)

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= 313 units

hence, the economic order quantity is 313 units

The same should be considered and relevant

4 0
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Which of the following statements regarding a balanced scorecard is correct? Multiple Choice A balanced scorecard includes non-f
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Answer:  All of these are correct answers.

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Hence from the above we can conclude that all the statements are correct in the given case.

4 0
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The buyer notifies the seller in writing of a termination of the contract under the Loan Objection Deadline. What happens to the
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The earnest money must be returned to the buyer.

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The loan objection deadline sets a specific by which the buyer must present a written notification to the seller stating that he/she will not be able to purchase the property due to problems related to obtaining a mortgage loan (or really any other reason, since only the buyer knows about his/her loan status). After this date, if the buyer cannot secure the mortgage loan and finish the purchase, the earnest money will be lost and must be given to the seller.

5 0
4 years ago
the bookkeeper for Blue Spruce Equipment Repair made a number of errors in journalizing and posting, as described below. For eac
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Answer:

Note: The full question is attached as picture below

                               (a)                   (b)                   (c)  

                                In                                      Larger  

                            Balance      Difference       column

1.                               No               $725             Debit  

2.                             Yes                 NA                NA  

3.                              Yes                 NA                NA  

4.                               No               $225            Credit  

5.                              Yes               $684               NA  

6.                               No                $45             Credit

7 0
3 years ago
The purpose of the work opportunity tax credit is to encourage employers to hire individuals from specified target groups tradit
Yuki888 [10]

Answer:

true

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5 0
3 years ago
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