Answer:
d. Both A&B
Explanation: Auction is a term used in the field of marketing or trading of goods where bidders are allowed to make bids(amount which they intend to pay for a given product) the Product can either be an Artwork or other goods like furniture,Cars, clothes etc.
A common value auction is a type of auction where certain information about the value of a product are available to some bidders and other sets of bidders have other information about the value.
DISPLAYING INFORMATION ABOUT A COMMON VALUE AUCTION IS GOOD FOR THE BIDDERS AS IT REDUCES THE RISK THEY FACE ESPECIALLY BEFORE BUYING THE PRODUCT AND FOR THE AUCTIONEER AS IT HELPS TO ATTRACT MORE BIDDERS.
Answer: A. The fastest-growing share of the workforce is at least 55 years old.
Explanation:
The options to the question are:
A. The fastest-growing share of the workforce is at least 55 years old.
B. The fastest-growing age group is workers 16-25, who are prone to having accidents.
C. The largest proportion of the labor force is expected to be in the 16- to 25-year age group.
D. The total cost of labor in the United States will decrease considerably in the near future.
E. The labor force is expected to grow at a greater rate by 2026 than at any other time in U.S. history.
From the question, we are informed that Hadley, a business researcher, believes that organizations will have to spend a lot of money on employee health care in the future while Owen argues that organizations will not have to increase their spending on employee health care benefits.
The statement that weakens Owen's argument is that the fastest-growing share of the workforce is at least 55 years old. This simply means there are more old people incthe the workforce and that means there'll be more tendency for them to go to hospitals when ill compared to youths who'll be stronger.
Answer:
At the end of March, Paul’s Painting hired five temporary employees to work on a project that began on April 5 and ended on April 28. Paul’s received 100% of the total payment for the project on May 3. In this situation, both cash basis accounting and GAAP require that Paul’s recognize the employees’ total salary expense in April.
Explanation:
A collection of accounting rules and standards usually followed, for financial reporting is known as GAAP (generally accepted accounting principles) .
For businesses, GAAP needs accrual accounting.
Accrual accounting operates on the basis of matching both revenue and expenses. Revenues and the related expenses occur concurrently, though the cash transaction concerning thereto might happen in some other period.
In the situation given in the question, the revenue from the project is earned in April, subsequently, the salary expense related to that work should also be recognized in the same period due to an accrual basis.
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The loan contribute negatively to her financial well-being is because it takes longer for here to finish paying off the credit.
Answer:
The answer is B) "lower the prices that customers pay."
Explanation:
Actually, to increase capacity during high demands, the company do not need to lower the prices that customers pay but rather in crease the prices. According to law of demand and supply, the higher the demand, the more the price. Also, the company may also open another new branch for more production, approve overtime work and wages for employers, create more shifts and even subcontract part of the production to another company to ensure faster process but with same quality.
