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
Digiron [165]
3 years ago
11

If a labor union successfully restricts the supply of labor to​ firms, and if the union is not able to influence the demand for​

labor, then the wage rate​ _______ and employment​ _______.
(A) ​falls; increases
(B) ​rises; decreases
(C) ​rises; remains constant
(D) ​falls; might​ increase, decrease, or remain constant
Business
1 answer:
Alisiya [41]3 years ago
3 0

Answer:

(B) ​rises; decreases

Explanation:

  • As the labors are unable to motivate the other laborers of the firm in the organization then the wage rate will increase the form needs more and more laborers to work in the factory or the production units and hence the employment opportunities will decline as an upward movement along the demand curve.
You might be interested in
Which of the following fiduciary entities are required to use the calendar year as their taxable period for income tax purposes?
Fofino [41]

Answer:

B) Trusts (except those that are exempt)

Explanation:

The only three entities that are allowed to select a fiscal year are: estates, C corporations and tax exempt entities.

Trusts, along with partnerships, S corporations and personal service corporations mus use the calendar year as their taxable period  or the tax year of their owners. Some trusts can change to a different calendar year if they can establish a business purpose for doing so.

5 0
3 years ago
The Securities Investor Protection Corporation is a government agency charged with administering the liquidation of failed secur
deff fn [24]

Answer:

False

Explanation:

First of all, the Securities Investor Protection Corporation is not a government agency. The S.I.P.C was formed in 1970 under the Securities Investor Protection Act as a non-profit membership corporation.

In the unfortunate event that a securities firm fails (which is rather unlikely), the S.I.P.C steps in to help the investor. It can help by either transferring the accounts of the failed firm to a different firm or by liquidation.

4 0
3 years ago
Carrejo Corporation has two divisions: Division M and Division N. Data from the most recent month appear below:
ivann1987 [24]

Answer:

Break-even point (dollars)=  $219,656

Explanation:

Giving the following information:

Division N

Sales= $223,000

Variable expenses= 86,970

Contribution margin= 136,030

Traceable fixed expenses= 105,000

Segment margin= 31,030

Common fixed expenses= 28,990

To calculate the break-even point in dollars for Division N, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

contribution margin ratio= (sales - variable costs) / sales

Break-even point (dollars)= (105,000 + 28,990) / (136,030/223,000)

Break-even point (dollars)=  $219,656

4 0
3 years ago
Upland Company borrowed $40,000 on November 1, 2017, by signing a $40,000, 9%, 3-month note. Prepare Upland’s November 1, 2017,
kodGreya [7K]

Answer:

cash 40,000 debit

  note payable 40,000 credit

--to record signing of note----

interest expense 300 debit

     interest payable    300 credit

--to record accrued interest----

note payable  40,000 debit

interest payable   300 debit

interest expense  600 debit

   cash                            40,900 credit

--to record honor of the note---

Explanation:

when signing the note we receive the cash and delcare the liability

at December 31th

we recognzie the accrued interest: for the month

we need to convert the annual rate to monthly: 0.09/12 = 0.0075

40,000 x 0.0075 = 300

at payment of the note, we write-off the note

we pay the full interest:

300 per month x 3 month = 900

we already accrued one so the expense will be for 600

4 0
3 years ago
The operations of Smits Corporation are divided into the Child Division and the Jackson Division. Projections for the next year
dybincka [34]

Answer:

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped is $22,500

Explanation:

The operations of Smith's Corporation are divided into the Child Division and the Jackson Division. Projections for the next year are as follows:

                                     Child  Division   Jackson  Division     Total

Sales revenue                 $250,000           $180,000      $430,000

Variable expenses              90,000              100,000         190,000

Contribution margin         $160,000             $80,000      $240,000

Direct fixed expenses          75,000               62,500          137,500

Segment margin                 $85,000             $17,500        $102,500

Allocated common costs      35,000               27,500           62,500

Total relevant benefit         $50,000            $(10,000)         $40,000

Operating income for the Smith's corporation as a whole if the Jackson's division were dropped

                                     Child  Division    

Sales revenue                 $250,000        

Variable expenses              90,000              

Contribution margin         $160,000            

Direct fixed expenses          75,000              

Segment margin                 $85,000              

Allocated common costs      62,500                

Total relevant benefit         $22,500            

Note that common fixed costs will be borne by the child division alone when the Jackson division is closed which is the entire 62,500 is deducted from the sales margin of child division before arriving at profit

3 0
3 years ago
Other questions:
  • Which detail is most likely to give consumers a false sense of security about using Edgozene?
    8·2 answers
  • Gross Accounts Receivable is $12,000. Allowance for Doubtful Accounts has a credit balance of $600. Net sales for the year are $
    13·1 answer
  • Through band-aid's continuous commitment to quality and constant product innovations, band-aid has been able to increase the con
    9·1 answer
  • A lender demands an interest rate in part to compensate for any expected ___________, so that the money that is repaid in the fu
    6·1 answer
  • What document is used to make adjustments to an existing sales contract?
    10·1 answer
  • Selected balance sheet and income statement information for Home Depot follows.
    15·1 answer
  • The 1998 annual report for Sears shows that, since 1978, it has experienced dramatic changes in the composition of its workforce
    12·1 answer
  • The driver of any vehicle about to enter a freeway or highway must yield the __________ to all traffic.
    6·1 answer
  • Teams often fail because
    15·2 answers
  • When a government establishes a marketable permit program to address environmental pollution, it is actually issuing a form of c
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!