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Viktor [21]
3 years ago
9

Wassamatta University is considering resigning its minimum qualifications for professors from possessing a master's degree to po

ssessing a doctorate (Ph.D.), which takes longer to ear. This change in minimum qualifications is likely to___________.a. shift the supply curve of professors to the right ceteris paribus.b. shift the demand curve for professors to the left ceteris paribus.c. shift the supply curve of professors to the left ceteris paribus.d. shift the demand curve for professors to the right ceteris paribus.
Business
1 answer:
bulgar [2K]3 years ago
8 0

Answer:

c. shift the supply curve of professors to the left ceteris paribus

Explanation:

Labour Supply curve shows the labour hours,  employees or workers are willing & able to supply, at given wage rates during a period of time.

The curve is upward sloping due to positive relationship between wage rates & labour. As more labour is supplied at higher wage rate, less labour is supplied at lower wage rates.

Change in any other factor other than wages, changes (shifts) the supply curve. Factor increasing labour supply shifts the supply curve rightwards. Factor decreasing labour supply shifts the supply curve leftwards.

The case given : as increase in the minimum qualifying eligibility for the job, decreases the number of people who are 'able' to supply labour as per the criteria. So, it decreases labour supply & shifts the curve leftwards.

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The balance sheet shows the following accounts and amounts Inventory. $84,000, Long-term Debt 125.000; Common Stock $60,000; Acc
Brums [2.3K]

Answer:

b. $325,000

Explanation:

The current assets are the assets that are likely to be converted to cash within 12 months. These include cash, inventory, receivables, prepaid expenses etc.

Given;

Inventory = $84,000,

Long-term Debt = $125.000;

Common Stock $60,000;

Accounts Payable $44,000;

Cash $132,000,

Buildings and Equipment $390,000:

Short-term Debt $48.000:

Accounts Receivable $109,000,

Retained Earnings $204,000 Notes Payable $54.000:

Accumulated Depreciation $180.000

Total current asset = $84,000 + $132,000 + $109,000

= $325,000

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3 years ago
Who is candice tell me
lara [203]

Answer: im pretty sure shes the phineas and ferb character

Explanation:

4 0
3 years ago
NCH Corporation, which markets cleaning chemicals, insecticides and other products, paid dividends of $2.00 per share in 1993 on
sashaice [31]

Answer:

The reutrn on equity should be of 9.53%

Explanation:

We can solve the return on equity by considering the gordon model of dividend growth:

\frac{divends_1}{return_{equity}-growth} = Intrinsic \: Value

current dividends 2 dollars

next year dividends: current x (1 + g) = 2 x (1 + 0.06) = 2.12

\frac{2.12}{return_{equity}-0.06} = 60

\frac{2.12}{60} +0.06= Ke

Ke = 0.09533 = 9.53%

4 0
3 years ago
Carmex's first efforts in marketing research had the research objective of figuring out who it was as a company and what the Car
umka2103 [35]

Answer: Definition the problem.

Explanation:

In trying to solve a problem, the first and the most basic step to take is to identify or define the problem, this stage involves determining the circumstances and situation as it helps one to be focused and pay attention to what the real problem is.

It is the first step and the most important, although it is most times difficult.

Defining the problem must answer the question "why", "who", "where","what", "how" and "when".

Defining the problem helps one to gain control over the situation.

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The two most common compensation methods for teams are:
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They are skill based pay and gain sharing.
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