Constructive criticism means:

How are wages for a particular job determined?

Sauron [17]

Answer:

by the equilibrium between supply and demand for workers

Explanation:

Wages are the amount to pay workers for a particular job when employed. Therefore, determining the wages for a particular job is mostly dependent "on the equilibrium between supply and demand for workers, " and sometimes location.

This is because the higher the number of workers available, the lesser the employers would be willing to increase the wage level of employees given the fact that they can easily find another employee. However, where there is a lesser number of employees for a particular job, the employers would be willing to increase the employees' wages to entice them.

6 0

3 years ago

You are the manager of a retail store. Shipments of the products you sell arrive once a week from the central warehouse and you

Tasya [4]

The BEST way to handle the situation is to work with central warehouse to arrange a predictable delivery time. Whereas, the WORST way to handle the situation is to change the delivery system so that goods are delivered only once a month.

So, if you are the manager of a retail store, and the shipments of the products you sell arrive once a week from the central warehouse you need to pull a couple of your workers from inside the store who can unload the shipments. As the truck arrives any time in a day, this creates problem as the workers are not availabe whenever the shipment arrives.

The best way through which one can handle the situation is by working with central warehouse to get appropriate information on the delivery date and so that the workers are made available accordingly. Whereas, the worst way to handle this situation is by changing the delivery system.

Hence, options 2 and 3 are correct.

To learn more about delivery system here:

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5 0

1 year ago

Cobe Company has already manufactured 18,000 units of Product A at a cost of $15 per unit. The 18,000 units can be sold at this

ser-zykov [4K]

Answer:

Explanation:

Workings

Product A

Selling price 410,000

Income 1 410,000

Further processing

Incremental cost 290,000

Product B 5900 102 601,800

Product C 11,900 60 714,000

Total revenue 1,315,800

Incremental cost 290,000

Income 2 1,025,800

Income on further process , that is if an additional cost of 290,000 is spent on the initial cost that generated the sales of 410,000 = 1,025,800

Incremental income on further processing =1,025,800-410,000 = 615,800

Therefore , it is advised that it should be processed further.

4 0

3 years ago

A family spends $46,000 a year for living expenses. If prices increase 3 percent a year for the next three years, what amount wi

lozanna [386]

Answer:

$50,265

Explanation:

The computation of the living expenses after three years are shown below:

Given that

Living expenses per year = $46,000

Number of years it increases = Three years

So, the amount of living expenses after three years is

= Living expenses per year × (1 + percentage increase)^number of years

= $46,000 × (1 + 0.03)^3

= $46,000 × 1.092727

= $50,265

5 0

3 years ago

Jane is a very intelligent graduate of FIN 3601. As such, she knows she should will start contributing into her company's retire

labwork [276]

Answer:

The amount that Jane will have in her retirement account 30 years from now is $943,650.37.

Explanation:

Jane’s monthly savings = $250

Amount added monthly by Jane’s firm = Jane’s monthly savings * Amount added by Jane’s firm for every dollar = $250 * $0.50 = $125

Total monthly savings to Jane’s 401(k) = Jane’s monthly savings + Amount added monthly by Jane’s firm = $250 + 125 = $375

Since Jane decides to allocate $250 at the end of each month into her 401(k), this implies the relevant formula to use to calculate the amount Jane will have in her retirement account 30 years from now is the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount that Jane will have in her retirement account 30 years from now = ?

M = Total monthly savings to Jane’s 401(k) = $375

r = Average monthly interest rate = Average annual interest rate / 12 = 10.50% / 12 = 0.1050 / 12 = 0.00875

n = number of months = number of years * number of months in a year = 30 * 12 = 360

Substituting the values into equation (1), we have:

FV = $375 * (((1 +0.00875r)^360 - 1) / 0.00875) = $375 * 2,516.40 = $943,650.37

Therefore, the amount that Jane will have in her retirement account 30 years from now is $943,650.37.

5 0

3 years ago