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3 years ago

The "sticky wage" theory states that …

Business

1 answer:

Umnica [9.8K]3 years ago

4 0

Answer:

c. wages may stay at above-equilibrium levels for an extended period of time, thus keeping unemployment high.

Explanation:

Sticky wage theory -

According to this theory , the payment of the employees have a slow response for the change in the performance of the company or the economy .

From this theory , as the unemployment increases , the wages of the employed candidates tends to remain same or increases very slowly due to to decrease in the demand of the labor .

In this case , the wages are sticky - down , as they move up easily but get down with difficulty .

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When Samantha states, "I want to work with you and with the team to make this happen," she is trying to establish credibility pr

Lina20 [59]

Answer: Samantha wants to establish credibility with the employee first, then with the team to achieve a goal.

Explanation: First, it seeks to build trust by generating priority work in the employee's skills, then combining integrating this new process with the team and thus creating commitment to achieve the purpose .

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4 years ago

The discovery of a large oil deposit off a nation's shores would be what type if economic variable?

Varvara68 [4.7K]

The discovery of oil off a nation's coast would be if it wasunexpected, a surprise economic variable and a very beneficial one at that as long as it happened before the present concerns about climate change and the use of fossil fuels plus concerns over oil spills in the ocean after the Gulf of Mexico major oil spill a few years ago.

6 0

3 years ago

Read 2 more answers

57.Assume that Major Manuscripts, Inc. is currently operating at 97 percent of capacity and that sales are projected to increase

Ulleksa [173]

Complete Question:

Check the attached file for the complete question

Answer:

The projected addition to fixed assets is $1,533.33

Explanation:

Sales at 100% percent = Sales at current capacity/Current operating capacity

Since the Major Manuscripts, Inc. is currently operating at 97 percent of capacity of the net sales of $17,100

Sales at maximum capacity = 17,100/0.97

Sales at maximum capacity = $17,628.87

Projected to fixed assets = ([Current net fixed assets/Sales at maximum capacity]*Increase in sales) - Current net fixed assets

Projected addition to fixed assets = ([$11,400/17,628.87]*20,000) - 11,400 Projected addition to fixed assets = ([$11,400/17,628.87]*20,000) - 11,400 Projected addition to fixed assets = 12,933.33 - 11,400

Projected addition to fixed assets = 1,533.33

The projected addition to fixed assets is $1,533.33

7 0

4 years ago

If C(x) is the cost of producing x units of a commodity, then the average cost per unit is c(x) = C(x)/x. Consider the cost func

ANTONII [103]

Answer:

Following are the solution to the question:

Explanation:

Calculating the total cost:

$C(x) = 2,000 + 140x + \frac{4x^3}{2}$

Calculating the marginal cost:

$M(x) = C'(x) = 140 + 6 \times \frac{1}{2}$

Calculating the average cost:

$A( x ) =\frac{ C( x )}{x} = 2,000x-1 + 140 + 4\times \frac{1}{2}$

Calculating the marginal average cost:

$m( x ) = A'( x ) = -2,000x-2 + 2x-\frac{1}{2}$

In point (a)

$C( 1,000 )$

$= 2,000 + 140( 1,000 ) + 4( 1,000)^{\frac{3}{2}}\\\\= \$ \ 268,491.106 \\\\ = \$ \ 268,491.11$

In point(b)

$A( 1,000 )$

$= 2,000( 1,000 )-1 + 140 + 4( 1,000 )^{\frac{1 }{2}}\\\\= \frac{\$ \ 268.491106} {unit}\\\\= \frac{\$ \ 268.49}{ unit}$

In point (c)

$M( 1,000)$

$= 140 + 6( 1,000 )^{\frac{1}{2}}\\\\= \frac{\$ \ 329.73666}{unit}\\\\= \frac{ \$ \ 329.74}{ unit}$

In point (d)

Calculating the average cost:

$A'( x ) = m( x ) = -2,000x-2 + 2x- \frac{1}{2}\\\\A'( x ) = 0 = -2,000x-2 + 2x-\frac{1}{2}= 0\\\\multiply \ by \ 2\\\\\to -2,000 + 2 \times \frac{x^3}{2}= 0 \\\\\to 2\times \frac{x^3}{2} = 2,000 \\\\\to \frac{x^3}{2} = \frac{2,000}{2} \\\\ \to \frac{x^3}{2}= 1,000 \\\\\to x = ( 1,000 )^{\frac{2}{3}}\\\\ \to 100 \ units$

In point (e)

$A( 100 )$

$= 2,000( 100 )-1 + 140 + 4( 100 )^{\frac{1}{2}}\\\\= \frac{ \$ \ 200}{unit}$

6 0

3 years ago

foreign steel exports, a company based in brazil, colludes with other steel-export companies from around the world to agree on t

Tanya [424]

This type of agreement is a violation of the Sherman Act.

A piece of antitrust law from the United States, the Sherman Antitrust Act of 1890, established the idea of unlimited competition between companies. It was authorized by Congress, and its main author is Senator John Sherman. The Sherman Act forbids "any contract, combination, or conspiracy in restraint of trade," as well as "every monopolization, attempted monopolization, conspiracy, or combination to monopolize." In order to avoid monopolistic alliances that impede trade and erode economic competition, the Sherman Antitrust Act was created in 1890. It prohibits both formal cartels and attempts to monopolize any sector of American commerce.

To learn more about Sherman Act: brainly.com/question/2119756

#SPJ4

7 0

1 year ago