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kogti [31]
2 years ago
13

Suppose Jack Roper pays his employees $19.25 per hour at his organic rice packaging plant. He does this even though the market r

ate for this type of work is only $12.50 per hour. What economic explanation can you give for this?
Business
1 answer:
nydimaria [60]2 years ago
8 0

Answer:

In my opinion Jack believes in the efficiency wage theory. This theory states that an increase in wages will increase labor productivity, lower staff turnover and attract the best possible employees.

So when Jack increases his employees' salaries, their increased productivity will recoup the extra labor costs. At the end, Jack believes his profit will increase because of the higher wages he pays.

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A recession is a period of significant, widespread declines in:
Harrizon [31]

Answer:

Letter B. real income and employment.

Explanation:

Economic cycles describe the fluctuations that occur in income and employment in the economic system. This cycle may be one of expansion, a lasting movement of real income and employment growth, or it may be of recession, where the economic economy presents a significant and widespread decline in real income and employment. For example, the 2008 crisis has caused recession in many countries, leading to a fall in real income and employment.

6 0
3 years ago
On December 1, 20x1 Pimlico made sales to a customer in India and recorded Accounts Receivable of 10,000,000 rupees. The custome
Mashcka [7]

Answer:

Total value (5,400)

Explanation:

10,000,000 rupees

option to sale ruppes at $2.30

2.3

The spot rate was 2.80

Option Premium:

10,000,000 / 100 x 0.004 = 400

Stop difference:

(2.80 - 2.30) x 10,000,000 / 100  = 5,000

Total value (5,400)

3 0
3 years ago
Suppose maria and nikki can produce ballet shoes. if maria's opportunity cost of producing ballet shoes is higher than nikki's o
luda_lava [24]

If  Maria's opportunity cost of producing shoes is higher than nikki's opportunity cost of producing shoes, then Nikki has a comparative advantage in the production of baellet shoes.

What is meant by production?

Making something out of parts or raw materials is the act of producing something. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a good or product with value for a consumer or end-user.

Production is the process of combining various immaterial inputs (plans, knowledge) with material inputs to create something that is intended for consumption (output). It is the process of producing an output, a good or service that has value and enhances people's usefulness.

To learn more about production click the given link

brainly.com/question/16755022

#SPJ4

8 0
1 year ago
Extensive collections of published works in electronic form are called
Solnce55 [7]
The correct <span>answer is Digital Library.

A digital library is a special collection of digital objects which can be in form of text, visual, audio or video material which has been organized, stored and retrievable in electronic formats. These materials for them to be stored in a public digital library, usually, have to be published as a requirement.</span>
4 0
2 years ago
Advances in technology like the creation of cheap, lightweight laptops has allowed workers to work from almost anywhere. Please
andriy [413]

Answer:

Got this from the same website you used

Explanation:

Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.

5 0
2 years ago
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