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otez555 [7]
3 years ago
13

Wages are sticky when: A. All of the above are true. B. They are not changed every single time prices change. C. Labor unions ha

ve set wages for a certain period of time. D. They are set according to inflation expectations that end up differing from actual inflation rates.
Business
1 answer:
algol [13]3 years ago
4 0

Answer:

B

Explanation:

Wages are sticky when earnings do not adjust quickly to changes in the market conditions .In some other situations ,  the rate of can be too slow compared to the rate of changes in the market. That means that every single time that market prices change , wages remain the same or just have a marginal change.

Factors that trigger sticky wages are unemployment ,and roles of the labor union.

Sticky wages can be useful in the sense that it can explain why market might not reach equilibrium in the short run or even in the long run.

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4 0
2 years ago
Units Produced 20,000
Alexeev081 [22]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

Units Sold 17,000

Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

<u>Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.</u>

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

Variable Selling Expenses=  (71,000)

Fixed General and Administrative Costs= (88,000)

Net operating income= 2,272,000

3 0
4 years ago
How widely used are private correctional companies to operate jails?
Kobotan [32]
Not very, most of the time CO’s are underpaid so they can have mass amounts of them.
7 0
3 years ago
The stock in Up-Towne Movers is selling for $48.20 per share. Investors have a required return of 11.2 percent and expect the di
Keith_Richards [23]

Answer:

The dividend the company just paid is $3.53

Explanation:

The solution to the problem is given as follows.

$48.20 = D1/(.1120 − .0360)

$48.20= D1(0.076)

Making D1 the subject of formula we have.

D1 = $3.66

D0 = $3.66/(1 + .0360)

D0 = $3.53

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3 years ago
Read 2 more answers
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A secure password is what a website considers secure. Depending on the requirements of the website the requirements for the password to be considered secure could differ. It's smart to make sure a password doesn't contain any important information within the password and that it is unique to you. You also want to make sure it's not something someone can easily guess. 
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