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
natita [175]
3 years ago
5

What is it called where supply and demand meet on the graph to determine a price for

Business
1 answer:
Mumz [18]3 years ago
8 0

Answer:

C. Equilibrium Wage

Explanation:

The intersection of labor demand and supply curves forms the equilibrium wage. The term equilibrium means balanced. Firms will continue hiring more workers as long as the marginal revenue product of labor is greater than the cost of labor. In other words, a business will employ an additional worker if the benefits derived from that worker are greater than the wage paid to the worker.

If the benefits derived from hiring an extra employee match the wage rate, the organization ceases to employ. Equilibrium wage is the wage rate at which a firm stops hiring. At the equilibrium wage, the marginal revenue product of labor is equal to the wage rate. In other words, the firm will not benefits from employing an extra worker.

You might be interested in
This week we looked at inventory analysis. The ABC analysis is used to help determine critical inventory and replenishment rates
kozerog [31]
I I bivivibvibibbvhihihvivg
6 0
3 years ago
Askin again cuz I rly need help <br> My business class suuuuckkks :(
Nutka1998 [239]
Daycare, in-home nurse, cleaning service, drivers Ed
3 0
3 years ago
Employees read scientific research studies and attend expert presentations to identify the training and nutrition protocols most
OleMash [197]

Answer:

A) Intuitive - Thinking

Explanation:

It is an intuitive problem-solving style because the employees are first absorbing information by reading the scientific papers, and afterwards, they go through a cognitive process in which new information and old information are related in order to reach new conclusions. This is the congnitive process that intuitives follow.

It is a thinking problem-solving style because the conclusions are now put into an orderly format: guidelines, programs, etc. Besides, the employees employ measuring techniques to evaluate the effectiveness of the programs. This kind of detailed, scientific approached is how thinkers go about solving tasks.

3 0
3 years ago
A stock has an expected return of 15.1 percent, the risk-free rate is 5.95 percent, and the market risk premium is 7.8 percent.
horsena [70]

Answer:

1.17%

Explanation:

Expected return is 15.1 %

Risk free rate is 5.95 %

Market risk premium is 7.8%

Therefore the beta can be calculated as follows

Expected return= risk free rate + (beta×market risk premium)

15.1%= 5.95% + (beta × 7.8%)

15.1%-5.95%= 7.8% beta

9.15%= 7.8% beta

beta= 9.15%/7.8%

beta= 1.17%

6 0
3 years ago
If you believe the economy is about to go into a recession and your portfolio consists of growth stocks, defensive stocks and lo
lana66690 [7]

Answer:

Growth stocks; Long-term bonds

Explanation:

If you believe the economy is about to go into a recession and your portfolio consists of growth stocks, defensive stocks and long-term bonds, you might change your asset allocation by selling<u> Growth stocks</u> and buying <u>Long term bonds.</u>

As in the given case, the economy seems to be in trouble and chances that it may go into recession, then there is a high-risk float in the money market which may reduce the growth of stocks and long term bonds have fixed income, therefore, while allocating assets during the recession, people should sell growth stocks and buy long term bonds.

5 0
4 years ago
Other questions:
  • Samantha is employed as a sales engineer in a large medical products firm. The _______ of her job include commission on the sale
    7·1 answer
  • At the beginning of this month, the balance of Cody's checking account was $125.26. So far this month, he has received a paychec
    14·2 answers
  • Most economic models: A. are useless because they use too many simplifying assumptions. B. assume that people are reluctant to l
    15·1 answer
  • Timmy has almost $2.00 in allowance money that he wants to spend on candy. he has two favorite candies, one selling at $0.15 a p
    14·1 answer
  • The labor force consists of Group of answer choices all people in the population aged 16 and over who are not in jail, a hospita
    10·1 answer
  • The study of how benefits are determined for city employees would be considered
    15·1 answer
  • Assume that a college student spends her income on Coke and Snickers. During finals week, the price of a Snickers candy bar is $
    11·1 answer
  • The Colson Company issued $407,000 of 9% bonds on January 1, 2014. The bonds are due January 1, 2020, with interest payable each
    7·1 answer
  • A consumer is someone who _____. buys something to use buys from a particular store markets a product crates a product
    12·1 answer
  • Genna and four others are establishing a business to create monogrammed items of personal clothing to sell to the general public
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!