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konstantin123 [22]
3 years ago
10

Skill-biased technological change ______ the demand for high-skilled workers, while the slowdown in the pace of educational adva

ncement reduces the supply of skilled workers, resulting in relatively _____ wages for skilled workers.
A - Increases; higher
B - Increases; lower
C - Decreases; higher
D - Decreases; lower
Business
2 answers:
ahrayia [7]3 years ago
5 0

Answer:

Increases; higher

Explanation:

Skill-Biased Technology Change can be referred to as a shift in the production technology that takes preference of high skilled labour or workers over unskilled labour or workers.

This is achieved by increasing its relative productivity and, therefore, its relative demand.

Also, human capital is the accumulated knowledge (from education and experience), skills, and expertise. When education advancement reduces human capital reduces which at the long run reduces the number of skilled labours.

If there's a reduction in the number of skilled labours, then firms and organisations will be willing to pay huge sum of keep their available skilled labour and to hire new ones.

allochka39001 [22]3 years ago
5 0

Answer: A.) Increases; Higher

Explanation: When the industry requirement need to boost or drive production and ultimately increase growth and revenue hinges towards the need for technological prowess which could most likely be offered by high skilled workers hence promoting and increasing demand for high-skilled workers, this is called Skill biased technological change.

Also, when there is relatively low number of skilled workers owed largely to the breakdown and lack of educational development. Hence, reducing the supply and number of skilled workers. The low supply will result in relatively HIGHER wages for skilled workers.

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Brittany Callihan sold stock (basis of $184,000) to her son, Ridge, for $160,000, the fair market value. a. What are the tax con
ycow [4]

Answer:

(a) Brittany loss due to taxes = Basis - fair market value

                                                = $184,000 - $160,000

                                                = $24,000

Therefore, Brittany will have a $24,000 loss that is not deductible.

(b) Tax consequences to Ridge if he later sells the stock for $190,000 are as follows:

  • Realized gain = $30,000 and Recognized as a gain for tax payers = $6,000
  • Realized and recognized loss = $8,000
  • There is no recognized gain for Ridge and unrecognized loss of $10,000. It is permanent lost.
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2 years ago
The best way for a sophomore man to start-up
anygoal [31]
Just jump right into it
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3 years ago
If you would like to start a company with decentralized decision making regarding day-to-day operations, but a central body of m
lesya692 [45]

Answer:

If you would like to start a company with decentralized decision making regarding day-to-day operations, but a central body of managers provides help with branding, training, and even resources and help to set up and operate the business, you might BEST consider A decentralized management structure.

Explanation:

A decentralized management structure is one in which decision-making authority is delegated to the lower level throughout the organization rather than limiting it to a few top executives. Under a strong decentralized organization, the lower level managers and employees have power to make decisions.

With this management structure in place, there is:

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4 0
3 years ago
The following account balances come from the records of Ourso Company: Beginning Balance Ending Balance Accounts receivable $ 2,
Mice21 [21]

Answer: $13,050

Explanation:

The Cash collected from receivables can be calculated by;

= Beginning Accounts Receivable + Sales revenue - Receivables written off - Ending Accounts Receivable

= 2,800 + 14,000 - 150 - 3,600

= $13,050

4 0
2 years ago
The Tuck Shop began the current month with inventory costing $19,000, then purchased inventory at a cost of $52,950. The perpetu
DaniilM [7]

Answer:

Inventory shrinkage = $1,322

Explanation:

We know,

Inventory shrinkage = Ending inventory - Actual inventory at hand

Given,

Actual inventory at hand = $13,500

Ending inventory = Beginning inventory + Purchase - Inventory sold(Costing price)

Or, Ending inventory = $19,000 + $52,950 - $57,128

Or, Ending inventory = $71,950 - $57,128

Or, Ending inventory = $14,822

Therefore,

Inventory shrinkage = Ending inventory - Actual inventory at hand

Or, Inventory shrinkage = $14,822 - $13,500

Or, Inventory shrinkage = $1,322

5 0
3 years ago
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