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Hatshy [7]
2 years ago
5

The real wages of workers will tend to be high when

Business
1 answer:
DIA [1.3K]2 years ago
6 0

Answer:

When labor productivity is high.

Explanation:

According to neoclassical economic theory, real wages are equal to the marginal product of labor (MLP). The marginal product of labor is the extra output produced by one extra unit of labor (one extra worker).

If the MPL is high, this means that workers are very productive, and therefore, are paid a high real wage accordingly.

This is why countries with high labor productivity like the U.S. or Switzerland also have very high real wages.

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A factor favoring the success of disruptive innovation is that:________.
ankoles [38]

Answer:

A) incumbent firms are slow to change.

Explanation:

This business model type is said to be low cost and also can be seen and tested to be highly accessible to buyers and others goods in the market. Disruptive innovation is a business model that deals with the introduction of a new product or service into a market, at a lower cost and affordable that other products or its competitors, hereby luring prospective or buyers to buying the new product; displacing the leaders or top performers in the market. Disruptive innovation is highly favoured because the incumbent firms are slow to change.

8 0
3 years ago
When presenting a persuasive speech, one speech goal is to ask the audience members to perform a certain action, also know as pe
photoshop1234 [79]

Answer:

behavior.

Explanation:

A persuasive speech is one in which the speaker addressing the audience or giving speech to the audience tries to impress or persuade the audience by his speech and convince the listeners through his presentation and speeches.

It is a process of changing people belief, action or reinforcing them. While giving a persuasive speech, one main goal of the speaker is to ask the audience to perform a certain action. It is also known as performing a specific behavior.

8 0
2 years ago
responsibility for setting all audit standards to be followed on audit of public companies rests with the .
stira [4]

Responsibility for setting all audit standards to be followed in the audit of public companies rests with the NGOs.

<h3>Who is responsible for setting auditing standards?</h3>

Certified public accountants receive standards, guidelines, auditing, attestation, and quality control statements from the Auditing Standards Board (ASB) (CPAs). It is the senior technical committee of the AIPCA, and its job is to create generally accepted auditing standards (GAAS) for private companies.

The auditor has a duty to prepare and carry out the audit in order to get a reasonable assurance regarding the absence of a major misstatement, whether brought on by fraud or error.

In order to reduce audit risk, the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, regulates audits of publicly traded corporations. In order to address the accounting crises of the late 1990s, the PCAOB was founded concurrently with the Sarbanes-Oxley Act of 2002.

Learn more about The Audit here:

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7 0
1 year ago
A job search should be treated like a full time job. Please select the best answer from the choices provided
PtichkaEL [24]
True, a job search souls be treated like a job
6 0
2 years ago
Magazine sells subscriptions for $60 for 30 issues. The company collects cash in advance and then mails out the magazines to sub
shutvik [7]

Answer:

a. Revenue is earned when when service or product are delivered to client. Thus Seacoast Magazine should recognize the revenue when it mails the magazines to its subscribers.

b. Total amount received is $60 for 30 issues.

Amount for 1 issues = Total cost / Number of issues of magazines = $60/30 = $2 per issue

Amount of 5 issues = $2 * 5 = $10

Therefore, Seacoast Magazine should record revenue $10 for 5 issues.

7 0
2 years ago
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