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3 years ago

Explain the criticisms of labor unions today. 25 POINTSS

2 answers:

8 0

One major criticism of labor unions today is that they have become too large and are out of touch with workers’ needs. In the past, union leadership has shown a pattern of corruption and many people worry that this trend continues today. Some people argue that union activity has hurt the US economy; higher union wages have meant higher prices for consumer goods and the introduction of improved technology has been slow as unions fear it will result in fewer employees.

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Harrizon [31]3 years ago

3 0

Critics argue that labour unions can make a company less competitive due to added labour costs. Additionally, unreasonable union demands could hurt members when a business simply outscores jobs to foreign countries in search of cost-efficiency

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If the Trial Balance columns are not equal and the difference can be evenly divided by 9, then the error most likely is a transp

saw5 [17]

Answer:Yes

True

Explanation:

A transposition error is a data entry error that is caused by inadvertently switching two adjacent numbers. ... For example, the number 63 is entered as 36, which is a difference of 27. The number 27 is evenly divisible by 9. This can surely cause discrepancies in the trial balance

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3 years ago

Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against

zhuklara [117]

Based on the information given regarding the monopoly power, the remedy by the court will be divesting itself of the control or ownership of Child Shops.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

Learn more about monopoly on:

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6 0

3 years ago

Ahmad owns an apartment building and has recently had to lower the rent he charges, not only to attract new tenants but also to

Yanka [14]

Answer: Interest rate risk

Explanation:

Interest rate risk is described as the potential for investment loss which result from a change in interest rates. The increase in interest rate declines tell value if a bond or other fixed-income investment, the change that occurs in these bond price is known as duration. Generally, it is the risk that arises for bond owners from fluctuating interest rates. The interest rate risk of a bond depends on how sensitive it's price is to interest rate changes in the market

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3 years ago

A decision-maker faces the following decision under conditions of uncertainty. This decision-maker has $1 million in assets. Mos

denis-greek [22]

A- The net earnings of the individual in question will be $710000 after the individual's claim for loss by fire is settled by the insurance company. B- Yes, he would buy the insurance if he were risk neutral.

C- Yes, the individual will buy the insurance policy if he were a expected utility maximizer as he would want to claim complete settlement of this amount to be claimed in case of fire loss.

The expected net earnings from the insurance after deducting the amount from the premium paid and total claim endorsed by the insurance company will be $710000 which can be shown as below

$\rm Net\ earnings= claim\ received - premium\ of\ policy$

$\rm Net\ earnings= 750000-40000$

We get,

$\rm Net\ earnings= 710000$

If the individual were risk neutral he would like to take the insurance as the risk of fire in the example given above is 0.5 which is greater than zero and this ultimately implies that risk cannot be taken.

In the case if the individual is expected utility maximizer he would take the insurance as it would not only give him the claims from losses due to fire but also help him secure his house against beta of fire.

Hence, the correct answers will be A- $710000; B- Yes.; C- Yes. and imply that taking insurance will be a wise decision by the individual.

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2 years ago

Read 2 more answers

The gross profit method of inventory valuation is invalid when a. A portion of the inventory is destroyed b. There is a substant

IgorC [24]

Answer:

d. Applying a blanket gross profit rate to merchandise that have wide varying rates of gross profit

Explanation:

To know what problem could arise fro mthis method, we must understand the method:

ending inventory = cost available for sales - sales x (1- gross profit)

being cost available for sales = beginning invnetory + purchases

a) if a portion of inventory is destroyed, then we subtract it from the cost available for sales and we should be okay.

b) the amount of purchase is being considered so it will not produce a distorsion

c) then beginning invnetory equals to zero in the formula of cost availalbe and we are also okay

d) here is the problem, if there is a wide array of gross profit we could do an average but it will lead to distorsion if the sales are not in the expected weight.

5 0

3 years ago

Explain the criticisms of labor unions today. 25 POINTSS​

Explain the criticisms of labor unions today. 25 POINTSS