List six reasons why people may lose their jobs

Other things being equal, the monopolist will hire the same number of workers as a perfectly competitive industry would. hire fe

mrs_skeptik [129]

Answer:

The answer is a monopolist will hire fewer workers than if the industry were perfectly competitive.

Explanation:

A monopoly is a concept where a supplier has exclusive possession of a market of a product or a service for which there is no substitute.

It is worthy to note that a monopolist prefers pricing that maximizes profits without necessarily increasing the salary of his staff.

The goal of a monopolist is to maximize profits.

The cost of funding human resource is a recurrent expenditure that he manages to ensure cost effectiveness.

Therefore, other thing being equal, the monopolist will hire fewer workers than if the industry were perfectly competitive.

4 0

3 years ago

V\\\To record a sales transaction, use: Multiple Choice Create Invoices > Receive Payment > Make Deposits Create Purchase

Degger [83]

Answer:

Create Invoices > Receive Payment > Make Deposits

Explanation:

A sales transaction can be defined as a business transaction between two or more individuals or organizations, which generally involves the buyer purchasing either a tangible or intangible goods and services from the seller (service provider) through the use of money, credit cards or vouchers.

After successfully initiating, processing and execution of a sales transaction, the following are important to consider.

To record a sales transaction, use:

1. Create Invoices: a sales invoice is defined as an accounting document which is used for recording the essential details of the payment of goods and services made by a customer. It is the first step in the sales transaction, as it is expected that the seller or service provider makes it available and issues it for all sales transactions. Also, it is an essential accounting document which serves as an evidence of payment and delivery of goods and services to the customer.

2. Receive Payment: after filling out the sales invoice, the cashier is expected to receive cash or any other form of payment made available to the customer as a medium of payment. At this stage, the cashier or sales representative should ensure the payment is confirmed to be complete and we'll received.

3. Make Deposits: the cashier then goes ahead to record the sales transaction in balance sheet of the organization, after the customer has successfully paid for the service being provided or received.

In a nutshell, for a number of sales the above mentioned steps should be followed by sales persons or cashiers judiciously after all transactions are done.

6 0

3 years ago

What two steps can a project manager take to overcome the planning fallacy?

Lemur [1.5K]

Two steps that a project manager should take to overcome the planning fallacy are:

A) Meet with teammates to uncover potential risks.

C) Consider all risks and carefully examine them.

The planning fallacy is a phenomenon in which predictions about how an awful lot of time might be wished to finish a future task show an optimistic bias and underestimate the time needed.

commonly, participants in those research show off the making plan fallacy. As an example, college college students are generally renowned that they've commonly completed beyond assignments very close to their deadlines, yet they insist that they will end the following undertaking well in advance of the brand new cut-off date.

The making plans fallacy refers to a prediction phenomenon, all too familiar to many, wherein humans underestimate the time it'll take to finish a future task, in spite of the information that previous responsibilities have commonly taken longer than planned.

<em>The question is incomplete. Please read below to find the missing content.</em>

<em />

What two steps can a project manager take to overcome the planning fallacy?

A)Meet with teammates to uncover potential risks.

B)Expand the project’s scope.

C)Consider all risks and carefully examine them.

D)Increase the project’s budget.

Learn more about the planning fallacy here brainly.com/question/9087023

#SPJ1

3 0

2 years ago

The following information is available for the XYZ Company for the month of July:

BaLLatris [955]

Answer:

XYZ Company

The total sales-volume variance for operating income for the month of July would be:__________

$3,765 Favorable

Explanation:

a) Data and Calculations:

Static Budget Actual

Units 7,000 6,650

Sales revenue $60,000 $55,715

Variable manufacturing costs $15,000 $14,250

Fixed manufacturing costs $20,000 $17,000

Variable selling & administrative exp. $10,000 $10,500

Fixed selling & administrative expense $15,000 $12,000

Flexible Budget Actual

Units 6,650 6,650

Sales revenue = $57,000($60,000/7,000 * 6,650) $55,715

Variable manufacturing costs = $14,300 ($15,000/7,000 * 6,650) $14,250

Fixed manufacturing costs $20,000 $17,000

Variable selling & administrative exp. =$9,500 ($10,000/7,000 * 6,650) $10,500

Fixed selling & administrative expense $15,000 $12,000

Flexible Budget Actual Variance

Units 6,650 6,650

Sales revenue $57,000 $55,715 $1,285 U

Variable manufacturing costs $14,300 $14,250 50 F

Fixed manufacturing costs $20,000 $17,000 3,000 F

Variable selling & administrative exp. $9,500 $10,500 1,000 U

Fixed selling & administrative expense $15,000 $12,000 3,000 F

Operating income ($1,800) $1,965 $3,765 F

4 0

3 years ago

What is global trade?

andreyandreev [35.5K]

Global trade is trade that happens across international borders. Rather than one country buying and selling things, goods and services are traded between countries across the globe.

8 0

3 years ago