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Genrish500 [490]
3 years ago
7

8. Exam. Semester Exam

Business
1 answer:
Black_prince [1.1K]3 years ago
5 0

Answer:

D. The formation of a labor union​

Explanation:

The formation of a labor union will likely lead to an increase in wages because of two main reasons:

  • Labor unions engage in collective bargaining with employers, and this negotiations usually result in higher wages.
  • Labor unions often restrict the labor supply that enters a particular market: they only allow unionized workers to get the jobs of the industry, and/or keep the labor supply artificially low in other to push wages to rise. This is because, the fewer workers in an industry, the scarcer they are, and the higher their wages become.

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Banking, Because how you deposit and withdraw will help you externally
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Answer:

a. the portion of its marginal cost curve that lies above the AVC

Explanation:

In short run, a perfectly competitive produces as long as its price is above its AVC, so revenues can cover total variable cost. If price is below AVC, the firm has to shut down. Since such a firm maximizes profit by equating Price with MC, this condition means that firm's supply curve is its MC curve lying above the (minimum point of) AVC curve.

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Leakages and injections Suppose the economy is initially in equilibrium, when a decrease in decreases total leakages out of the
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<em>Suppose the economy is initially in equilibrium, when a decrease in</em><em> </em><u><em>Savings </em></u><em>decreases total leakages out of the economy. </em>

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<em>Which of the following will occur as a result of this change?</em>

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Savings reduces spending but as savings have reduced, there will be more spending which is unplanned and so this increase in unplanned spending will make GDP higher than planned spending.

Injections and leakages are equal to each other <u>when real GDP is equal to aggregate expenditure. </u>

Injections and leakages are equal when the output (GDP) and the Aggregate expenditure are the same.

3 0
3 years ago
14.Outline four features that constitutes a market <br>​
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Answer:

as

Explanation:

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Which of the following would be the most desirable wording to use on a résumé? Created a first-place science fair project. I won
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Answer:

The answer is created a first-place science fair project.

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3 years ago
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