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skad [1K]
4 years ago
14

Who are the two key players in a circular flow model? :

Business
1 answer:
Inessa [10]4 years ago
8 0
The answer is C households and business
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Wages are usually paid by the hour. Salary is usually a form of fixed compensation. Bonuses are a form of compensation obtained
sp2606 [1]

Answer:

True

Explanation:

1. Usually wages are paid by the number of hours spent working.

For example, someone who works as a warehouse supervisor may be paid hourly for the amount of time spent on the job.

2. Salary is usually the amount paid for services rendered, it is valued in cash, and does not include non-cash compensation like medical insurance.

For example, a person may be paid $15,000 (fixed amount) each month not necessarily considering the number of hours spent on job.

3. Bonuses are categorised under non cash compensation, because they are benefits added to employee's salary such as:

Annual bonuses or commissions, life insurance etc.

True in most organisations annual bonuses are paid within two and half months after end of year in the year they were earned.

3 0
3 years ago
Conducting ourselves ethically and within the law of business practices
Leno4ka [110]
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Scorpion gulch & western railway is preparing to build a new line through rolling mountains. they have hired you to do some
Alex_Xolod [135]
<span>A Cartesian coordinate system is a coordinate system that specifies each point uniquely in a plane by a pair of numerical coordinates, which are the signed distances to the point from two fixed perpendicular directed lines, measured in the same unit of length. This can be used to build a new line through mountains.</span>
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4 years ago
Complete the statements regarding types of economies
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In a "Free market" system, supply and demand forces affect the production and consumption decisions. There is little to no price control in such a system.

The first blank could also be "perfectly competitive" or "market efficient" system. The second blank can also be "deadweight loss".  This means that producers are price takers, not price makers, and that the quantity produced and the equilibrium price of goods are determined by the free market. Usually this implies a very large number of firms producing identical products, with no collusion among them. 
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Case Study Chapter 28 George was the maker of a written promissory note that stated that $500 would be paid on the sale of Georg
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I would say that this note would still be valid despite no date on it since it states that it will be paid after the sale of his automobile and in the absence of a date, I believe it could be considered be paid up to 6 months after the sale of the automobile since that sale will have a date or needs to be ensured that such a date is now recorded. While a full signature is preferable, I believe the initial will suffice since some legal documents say at financial institutions only require an initial and in any case the person who initialled it can be contacted to provide his full signature and confirmation that the 6 months after the sale of the automobile can be used.
3 0
3 years ago
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