1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masteriza [31]
3 years ago
5

Businesses employ workers from city neighborhoods and rural areas. These workers are perfect substitutes and cannot relocate in

the short run. The government offers businesses a wage subsidy if they hire workers from city neighborhoods. What is the effect of the subsidy on the wage rate of rural workers and on the total hours they work?
Business
1 answer:
madreJ [45]3 years ago
8 0

Answer:

This subsidy would decrease the rural workers' wages since it also decreases the wage of workers from city neighborhoods and both workers are perfect labor substitutes. Therefore, the total hours worked by rural workers would also decrease, since the wage is the price of labor, and when a price decreases, its supply decreases.

You might be interested in
A listing on eBay featured a refurbished iMac desktop computer; interested buyers all ranged in age from teenagers to adults wit
Hatshy [7]

Based on the ages of those <em>showing interest</em>, these buyers were likely from the generational cohort of:

  • Gen Y

<h3>What is an Age Group?</h3>

This refers to the group of people who are of similar age ranges which were born during a particular period and today we can say some are Millennials, Gen Z, etc.

With this in mind, we can see that based on the eBay listing, there was the listed sale for an item and because the interested buyers were from an age group which was made up of teenagers, we can state that they were the Gen Y.

Read more about age group here:
brainly.com/question/16180558

4 0
2 years ago
How would life be without technology
Ghella [55]

This website would not exist. Social lives would improve because everyone would actually hang out with people. We would not be able to get places fast because cars would not be developed.

4 0
3 years ago
An important difference between accounting and other 4 functions, such as marketing and management, is that
Stolb23 [73]
Well, since there's no options

Accounting : providing information regarding all financial aspects in the company

Marketing : determining kinds strategies to introduce  company's products to the market

Management : Organizing all part of the company in order to reach company's goal
3 0
4 years ago
Which best states the main difference between a monopoly and pure competition?
Brut [27]
When you have a monopoly you have a product or service on the market with no competition. On the flip side, in a pure or perfect competition there are various competitors selling the same product or service as you. The main difference between these two are that a monopoly involves no competition at all while a pure competition involves a high level of competition. (the first choice)

The second choice is incorrect because it is harder to establish a product in a pure competition market because you are competing with other companies. 

The third choice is incorrect because a monopoly refers to a company with a product or service and no competition whereas a pure competition refers to one with the same products or services. 

The forth choice is incorrect because they can be present in various economy structures.

3 0
3 years ago
Read 2 more answers
A broker learns that one of his institutional clients is about to enter a buy order for 10,000 shares of ABC stock. The broker t
irina [24]

Answer:

[D] All of the above.

Explanation:

Front running is the process by which a party to a share purchase has initial knowledge of the future market value of shares that are yet to be issued and makes a proprietary buy order for stock ahead of the client's order.

Normally this can be as a result of insider information which is prohibited, but the options above all allow this practice.

-If the firm can demonstrate that the trade is unrelated to the customer's block order

-If the trade was made to fill or facilitate the customer's block order

-If the trade is executed on a national stock exchange and in compliance with its rules

6 0
3 years ago
Other questions:
  • Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful
    6·1 answer
  • Comfort Cords produces curtain cords. In the process of manufacturing those cords, it also produces hair ties which are sold sep
    10·1 answer
  • Marketers who design and offer new products and services to their existing customers are pursuing a _________ growth strategy.
    5·1 answer
  • Property, plant, and equipment (net) $3,200,000 Liabilities: Current liabilities $1,000,000 Note payable, 6%, due in 15 years 2,
    8·1 answer
  • Assume a $170,000 investment and the following cash flows for two products: Year Product X Product Y 1 $ 40,000 $ 60,000 2 60,00
    14·1 answer
  • At the Sol Wave House hotel, located on the beautiful island of Majorca, Spain, a Twitter concierge stays in constant contact wi
    9·1 answer
  • The marginal product of labor is the:
    13·1 answer
  • If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall
    9·1 answer
  • Life is good® developed the "Good Karma" line of environmentally friendly 100% organic cotton apparel. The production of the Goo
    5·1 answer
  • Assume Aircastle reported $20 million in goodwill on its acquisition of Broadvision. Assume the fair value of the earnout in agr
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!