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damaskus [11]
3 years ago
5

The legal concept of ________ holds that both employer and employee have the mutual right to terminate an employment relationshi

p any time for any reason and without advance notice to the other. affirmative action joint agreement mutual consent employment-at-will
Business
1 answer:
olasank [31]3 years ago
3 0

The answer for the blank part of the statement is employment-at-will. Employment-at-will is defined as <u>a U.S type of contractual agreement where both employee and employer agree that the employee can be dismissed by the employer for any reason which is not illegal by law. </u>

This type of contract is common in the late 19th century, but by the 20th century, most states add protections for the employees under any employment contract due to the power imbalance that occur in these kinds of contracts.

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Increasing product supply leads to an outward shift the supply curve. TRUE OR FALSE?
harina [27]

Answer:  

true

Explanation:

5 0
3 years ago
In monopolistically competitive markets, resources are: Group of answer choices overallocated because long-run equilibrium occur
sasho [114]

Answer: underallocated because long-run equilibrium occurs where price exceeds marginal cost.

Explanation:

Monopolistic competition occurs when there are many firms that are producing products that are differentiated. It should also be noted that one typical characteristics of a monopolistic competition is a large number of firms coupled with low entry barriers.

It should be noted that in monopolistically competitive markets, resources are underallocated because long-run equilibrium occurs where price exceeds marginal cost..

3 0
3 years ago
Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m
STALIN [3.7K]

Answer:

Acton Corporation

The overhead for the year was:

$1,208 overapplied

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead $361,260

Estimated machine-hours 2,700

Predetermined overhead rate = $361,260/2,700 = $13.38

Actual manufacturing overhead $354,700

Actual machine-hours 2,660

Overhead applied = Actual machine hours * Predetermined overhead rate

= 2,660 * $13.38

= $355,908

Overapplied overhead = Overhead applied minus Actual overhead

= $355,908 - $354,700

= $1,208

6 0
3 years ago
Natasha, nelson, and nikolai are all looking to buy flashlights for a camping trip. natasha is willing to pay $4, nelson is will
d1i1m1o1n [39]

Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.

4 0
3 years ago
Exercise 10-24 (Part Level Submission) Oriole Company receives $385,000 when it issues a $385,000, 5%, mortgage note payable to
Vikentia [17]

Answer:

Mortgage Payable Table is prepared in an MS Excel file which is attached with this answer, please find it

Explanation:

The loan which is received by a person for purchase of real estate property or alternatively existing property owner to raise fund from the property. The mortgage are paid with interest over a specific period of time in installment of monthly quarterly semiannually or yearly.

Installment includes both principal payment and Interest Payment.

In this question The first payment on December 31, 2018 included

Total Payment = $37,092

Interest Payment = 385,000 x 5% = $19,250

Principal Payment = $37,092 - $19,250 = $17,842

Download xlsx
3 0
3 years ago
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