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4 years ago

Minimum-wage laws and unions are similar to each other but different from efficiency wages in that minimum-wage law and unions

Business

1 answer:

Pani-rosa [81]4 years ago

8 0

Answer:

The correct answer is D

Explanation:

Minimum wage is the remuneration which is the lowest that the employers could legally pay to their workers. In short, the price or remuneration which is below that the workers could sell their labor.

Unions and laws support the minimum wages as the higher amount of the minimum wage result in decrease or fall in the job opportunities of the applicants who are low skilled . And few workers wants to hire them so that they will not be able to demand the better working conditions.

So, it is different from the efficiency wages in the minimum wages because it prevent the firms or the companies from lowering the wages in the presence of the surplus of the workers.

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What is target costing? A. Designing a product, then determining its cost and price B. Basing price on customer perceptions of

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The answer would be (D); Setting acceptable costs and then setting the price.

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3 years ago

The term average means ___.

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Answer: D I got the answer right on connexus

Explanation:

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3 years ago

The name of the Department that is primarily involved in the sourcing, screening and hiring of personnel is:

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Answer:

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3 years ago

Stelloh's Berry Farm accepted a bankminusissued credit card in payment of a $ 1 comma 300 sales transaction. Stelloh's bank ch

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Answer:

Debit Cash $1,261

Dr card discount expense $39,

Credit Sales Revenue for $1,300

Explanation:

Stelloh's Berry Farm Journal entries

Debit Cash $1,261

($1,3,00-$39)

Dr card discount expense $39,

(3%×$1,300)

Credit Sales Revenue for $1,300

4 0

3 years ago

A machine has the initial cost (at time zero) of $150,000, an annual maintenance cost of $2,500, and a salvage value of $30,000.

just olya [345]

Answer:

the equivalent uniform annual worth of owning and operting the machien at 5% diiscount rate:

$17,610.88

Explanation:

we will bring each exceptional value to present date and then calcualte the PTM of that

First step:

present value of eahc lump sum:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

overhaul:

Maturity 45,000

time 5

$\frac{45000}{(1 + 0.05)^{5} } = PV$

PV 35,258

Services:

20,000 year 4 = 16,454.05

10,000 year 8 = 6,768.39

salvage value

30,000 10 years = 18,417.40

<u>total present worth:</u>

150,000 + 6,768.39 + 16454.05 + 35258 - 18,417.40 = 190,063.04

now we calcualtethe PTM of this present value

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $190,063.04

time 10

rate 0.05

$190063.04 \div \frac{1-(1+0.05)^{-10} }{0.05} = C\\$

C $ 15,110.881

we add the 2,500 maintenance cost

$17,610.88

This will be the equivalent uniform annual worth of owning and operting the machien at 5% diiscount rate

6 0

4 years ago