All categories

3 years ago

All of the following statements about the economic philosophy in Texas are true EXCEPT

Business

1 answer:

ZanzabumX [31]3 years ago

7 0

Answer:

The answer is: B) The median wage in Texas is much higher than the national average. THIS STATEMENT IS FALSE.

Explanation:

If you take the facts from the Census ACS 1 year survey, the median household income in Texas is $59,206 (2017 data) and a median hourly wage of $17,06 (2016 data from the Bureau of Labor Statistics).

If you compare those numbers with the national average, the US median household income is $60,336 (the national average is $1,130 higher than the Texas median household income). Historically the Texas median household income has been lower than the national average.

If we consider the median hourly wage in Texas of $17,06 (2016 data) and we compare to the national hourly wage of $17,81 (2016 data from the Bureau of Labor Statistics) we can clearly see it´s also lower. The top ten states with the highest median hourly wage are: Alaska, Massachusetts, Connecticut, Washington, Maryland, New York, New Jersey, California, Minnesota, Hawaii, with hourly wages ranging from $22.68 to $19.24

You might be interested in

What are the 8 Consumer Rights

Alinara [238K]

The right to satisfaction of basic needs
The right to safety
The right to be informed
The right to choose
The right to be heard
The right to redress
The right to consumer education
The right to a healthy and sustainable environment

There are your 8. :)

6 0

3 years ago

The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processin

Digiron [165]

Answer:

$95,400

Explanation:

Step 1 : Find the equivalent units of production in Ending Work in Progress

Materials = 18,000 x 100 % = 18,000 units

Conversion costs = 18,000 x 60 % = 10,800 units

Step 2 : Calculate the Cost of units in Ending Work in Progress

Cost of units in Ending Work in Progress = 18,000 x $2.75 + 10,800 x $4.25

= $95,400

Conclusion :

The ending work in process inventory was $95,400.

3 0

2 years ago

What is a normal good? a. A good whose demand increases when income decreases b. A good whose demand decreases when income

4vir4ik [10]

Answer:

. A good whose demand decreases when income decreases

Explanation:

A normal good is a product whose demand increases as consumers' income increases. The demand may also increase as economic conditions in the country improve. Similarly, when income decrease, the demand also declines.

As people income increase, the purchasing power increase. They prefer more costly goods than give them more satisfaction. Increased income tends to make consumers abandon goods that offer less utility. Normal goods tend to be associated with customers in high-income.

4 0

3 years ago

Institute for Marine Cargo Clauses Coverage C:

Soloha48 [4]

Answer: A

Explanation:

Coverage C is the one of the Institute Marine Cargo Clauses and it is also referred to as a "named perils policy". It lists risks that will be covered and the list is limited to stranding, fire, collision, jettison and sinking. It does not include damages from rough weather, water damages, washing overboard and losses while loading and unloading.

Coverage C is insufficient for containerized goods, except goods that will not be affected by an international journey and, there won't be a major loss if lost overboard. Coverage C fits bulk cargo, as a loss is unlikely unless the ship has a major damage.

4 0

3 years ago

Read the excerpt from "If" by Rudyard Kipling.

Marysya12 [62]

Answer:

B is your answer trey

Explanation:

7 0

3 years ago

Read 2 more answers