1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masja [62]
3 years ago
5

Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour? It would be a r

ational decision if the first worker was more than twice as productive as the second worker. It would never be rational to pay a worker that much more than another. It is illegal to pay a worker that much more than another. The government will pay firms to give some workers extra pay to increase the total economy.
Business
1 answer:
grandymaker [24]3 years ago
6 0
The right answer for the question that is being asked and shown above is that: "The government will pay firms to give some workers extra pay to increase the total economy." <span>Is it wise for a firm to employ a worker at $20 per hour when another worker does the same job for $10 per hour? </span>
You might be interested in
Why did suffragettes split into two rival organizations (nwsa and awsa?
abruzzese [7]
This two women advocates groups for American women voters separated due to irreconcilable views on the <span>Fifteenth Amendment to the United States Constitution. NWSA will not support the Amendment if women vote is not included. AWSA, on the other hand, supported the  </span><span>Fifteenth Amendment also supports the secure vote for African American men, women's vote should not be included because it will endanger the Amendments approval in congress.</span>
5 0
3 years ago
Jennifer gets 5 utils from consuming her first slice of pizza, 4 utils from the second slice, 3 utils from the third, etc. Each
nata0808 [166]

Answer:

The maximum utility is 16 utils

Explanation:

To maximize the utility we must choose the items that gave most utils.  

Each item cost $1 and we have $4 to spend.  

1 slice of pizza: 5 utils

2 slice of pizza: 4 utils

3 slice of pizza: 3 utils

1 soda:  4 utils

2 soda:  3 utils

3 soda: 2 utils

If we display them in a decrease order and we choose  the first four rows.

1 slice of pizza: 5 utils (1 dollar)

2 slice of pizza: 4 utils  (1 dollar)

1 soda:  4 utils (1 dollar)

3 slice of pizza: 3 utils  (1 dollar)

2 soda:  3 utils

3 soda: 2 utils

Highlighted are the ones we must get to get the maximum utility.

The maximum utility is 5 utils +4 utils+4 utils+3 utils= 16 utils

6 0
3 years ago
The total value of all final goods and services produced in a given year, calculated using the prices of a selected base year, i
vodomira [7]

Answer:

real GDP.

Explanation:

GDP is defined as the monetary value of all goods and services produced in an economy within a give time period. It is a measure of how productive an economy is.

Real GDP considers market prices of commodities in relation to a base year.

For example if 2012 is considered to be the base year for real GDP this year, all goods and services are multiplied by the prices as at 2012 to get the monetary value of goods and services for the present year.

Base year prices are referred to as constant prices when calculating real GDP.

7 0
3 years ago
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to s
andrezito [222]

Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. Under "current liabilities"section of balance sheet this account will be recorded as "account payable".

Answer: Option (B) is correct

<u>Explanation:</u>

Raw material purchased on credit from a vendor is a liability and it is shown under current liabilities in "accounts payable". Since raw material purchased on credit and payment is to be made after two months.

Payment due gives rise to liability. Now current liability is a company's short term obligations that are to be paid back within a year. Here the firm will have to make payment within two months to the vendor.

8 0
3 years ago
Read 2 more answers
Which of the following is likely to shift the supply curve right?
yaroslaw [1]

Answer:

A technological improvement that reduces costs of production will shift supply to the right, so that a greater quantity will be produced at any given price. Government policies can affect the cost of production and the supply curve through taxes, regulations, and subsidies.

What are five things that will shift a supply curve to the right?

changes in non-price factors that will cause an entire supply curve to shift (increasing or decreasing market supply); these include

1) the number of sellers in a market,

2) the level of technology used in a good's production,

3) the prices of inputs used to produce a good,

4) the amount of government regulation, ...

Correct me if this is wrong, Hope this helps

#Carryonlearning

5 0
2 years ago
Other questions:
  • The strongest argument for an independent Federal Reserve rests on the view that subjecting the Fed to more political pressures
    12·1 answer
  • Ceradyne, Inc. has decided to discontinue manufacturing its Quantum model credit card reader. Currently the company has a number
    5·1 answer
  • The accounting equation (Assets 5 Liabilities 1 Equity) is a fundamental business concept. Explain what this equation reveals ab
    13·1 answer
  • A reduction in U.S net exports would shift U.S. aggregate demand a. leftward. In an attempt to stabilize the economy, the govern
    14·1 answer
  • Who is the government attempting to help by enforcing fraud laws?
    14·1 answer
  • What organization can you contact to find local trade shows?
    7·1 answer
  • if you are planning to become an entrepreneur out of the four types of entrepreneur which one would you like to take up and why?
    7·1 answer
  • Activities performed by an applicant after an interview intended to express continued interest in employment with the
    12·2 answers
  • The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw ma
    5·1 answer
  • You must complete parts 1, 2, 3, 4, 6, 7 and 8 before attempting to complete part 9. Part 5 is optional.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!