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Volgvan
3 years ago
10

The effects of unionization on wages in the sectors of the economy that are unionized causes the supply of labor in other sector

s of the economy to
Business
2 answers:
Margarita [4]3 years ago
8 0

Answer: Reduce.

Explanation: Unions are organized groups of people working together to improve their work lives through collective bargaining.

Workers who belong to a union generally enjoy a higher wage level than workers who do not belong.

This disparity in wage levels causes workers to join unions and leave their low wage paying jobs.

The effect of this is that the supply of labor in other sectors of the economy will dwindle, as the unions will always bargain for a higher wage level, and when the corporations fail to comply, there will be no release of labor.

Harman [31]3 years ago
3 0

Answer:

Theoretically, unionization should cause a decrease in labor supply, but lately things aren't working that way.

Explanation:

As I said, in theory unions are good for workers, so people should try to become union members and therefore the supply of labor in non-unionized jobs should decrease.

But lately, only public servants and teachers want to be unionized. United Auto Workers (UAW) who represents workers in car and auto parts manufacturers has not succeeded in getting workers in non American car factories to join them. Honda started manufacturing cars in America almost 40 years ago, BMW's largest plant is in America, and in total foreign car manufacturers employ more than 100,000 Americans, and none are unionized.

Union membership in America is declining, around 6% of employees working for private companies are unionized, while only 10.5% of total workers including public employees are unionized.

Apparently what is theoretically right is not right in the real world. Private workers are running away from unions, so apparently they are not such a good idea after all.

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elixir [45]

Answer:

It's A.

Explanation:

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3 years ago
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Problem 12-04A The income statement of Kingbird, Inc. is presented here. Kingbird, Inc. Income Statement For the Year Ended Nove
barxatty [35]

Answer:

Cash Flow From Operating Activities

Cash Receipt from Customers                       $7,260,000

Cash Paid to Suppliers and Employees       ($6,294,700)

Cash Provided by Operating Activities            $965,300

Explanation:

Step 1 : Cash Paid to Suppliers and Employees Calculation

Cost of goods sold                                         $4,987,300

Add Operating expenses                                $1,120,500

Total                                                                 $6,107,800

Adjustments :

Depreciation expense                                        $95,300

Decrease in Inventory                                     ($536,700)

Increase in Prepaid Expenses                          $179,800

Decrease in Accounts Payable                        $345,700

Decrease in Accrued Expense Payable          $105,800

Cash Paid to Suppliers and Employees       $6,294,700

Step 2 : Cash Receipt from Customers Calculation

Sales revenue                                                $7,465,900

Less Increase in Accounts receivable          ($205,900)

Cash Receipt from Customers                      $7,260,000

4 0
3 years ago
You decide to take $600 out of your piggy bank at home and place it in the bank. If the reserve requirement is 2 percent, how mu
Ostrovityanka [42]
To determine the increase in the amount of money in the economy brought about the $600 taken out of the piggy bank, we multiply $600 by the decimal equivalent of the percentage given. That is,
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Hence, your $600 will increase the amount of money in the economy by $12. 
3 0
2 years ago
The simple rate of return focuses on accounting net operating income rather than on cash flows. Group starts
jeka94

Simple returns focus on accounting for net operating income, not cash flow. The simple method of revenue focuses on cash flow rather than accounting for net operating income.

A simple rate of return is calculated by subtracting the initial value of the investment from the current value and dividing it by the initial value. To output as%, multiply the result by 100.

Under the simple rate of return method, a dollar you receive 10 years later is considered to be worth the $ 1 you receive today. Therefore, the simple yield method can be misleading if the alternative cash flow patterns under consideration are different.

Learn more about cash flows at

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<em>Your question is incomplete. please read below to find the full content.</em>

The Simple Rate Of Return Focuses On Accounting Net Operating Income Rather Than On Cash Flows.

A) TRUE

B) FALSE

3 0
2 years ago
A well diversified portfolio needs about 3 to 5 stocks from different categories.
Oduvanchick [21]

Answer:

This is false.

Explanation:

Diversification is An investment strategy that includes a mixture of a wide variety of investments from different categories within a portfolio.

A well diversified portfolio does not need 3 to 5 stocks from different categories instead A well-diversified portfolio needs about 20-25 stocks from various categories.

3 0
3 years ago
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