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Cerrena [4.2K]
3 years ago
7

A firm in a purely competitive labor market is a wage taker because

Business
1 answer:
zubka84 [21]3 years ago
6 0

Answer:

employees don't accept the wage if the firm goes for lower wages.

Explanation:

A <u>purely competitive labor market</u> means that employees have more bargaining power in the employer-employee relationship. They usually wouldn't settle for the wage initially offered by employers, which is mostly low at the start. They gave the impact to influence the wage, due to the labor market structure (high need for labor, or decreased number of competitive employees). Therefore, the firms in that kind of labor market are wage takers.

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When a manager informs employees about the changes taking place in the external and internal environment that will affect them a
sergejj [24]

The answer is disseminator. When a manager informs his or her employees about the changes taking place within the external and internal environment of the workplace, which may affect them and the organization as well, he acts as a disseminator; a disseminator communicates to his or her employees the organization’s vision and purpose. Being a disseminator is part of Mintzberg’s Managerial Roles.

6 0
3 years ago
According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain pres
Pachacha [2.7K]

Answer:

<em>(A) realize financial rewards.</em>

Explanation:

In <em>theory (textbook)</em> the no.1 reason that people become entrepreneurs is to achieve <em>maximum return</em>. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.

However, in <em>practicality</em> people adopt business to <em>pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.  </em>

8 0
3 years ago
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 20
Zarrin [17]

Answer:

$1,247.12

Explanation:

For computing the asked price we need to apply the present value formula i.e to be shown in the attachment below

Given that,  

Future value = $1,000

Rate of interest = 4.151% ÷ 2 = 2.076%

NPER = 17 years  × 2 = 34 years

The 20 years come from May 2019 to May 2036

PMT = $1,000 × 6.193% ÷ 2 = $30.965

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value or the ask price is $1,247.12

8 0
3 years ago
Elise has debt problems and sees an ad for a credit counseling service. When she calls to get more details, she suspects that th
morpeh [17]
The right answer for the question that is being asked and shown above is that: "d) All answers are correct."  The situation that could have tipped Elise of is that of requiring a free course on money management; charging large monthly fees for the service;<span> asking her to cancel most of her credit cards</span>
4 0
3 years ago
Check my work Check My Work button is now enabledItem 10Item 10 10 points Time Remaining 22 minutes 18 seconds00:22:18 You manag
gladu [14]

Answer:

1) 18.4%

2) 27.20%

Explanation:

Solution

To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,

   T-bill rate + risk premium = 6.4% + 12% = 18.4%

Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%

5 0
3 years ago
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