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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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In Jackson Jones Company, land decreased $270,000 because of a cash sale for $270,000, the equipment account increased $90,000 a
marin [14]

Answer:

The answer is D. $180,000

Explanation:

Investing activities is about spending on long term asset or long term investments.

Under investing activities in cash flow, what constitutes inflow is the sales of these long term assets like plant and machinery and what constitutes outflow is the purchase of these assets.

In this question, the inflow is the sale of equipment which us $270,000 and outflow is the purchase of equipment for $90,000.

So net cash flow from investing activities is:

$270,000 - $90,000

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The IPO process involves several entities, such as the issuing company, institutional investors, brokers, lawyers, regulators, r
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Answer:

The IPO Process

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Explanation:

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You’re a project manager of a small team. You have received some resumes to review, and a few of them look well qualified, but t
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just tell them the truth

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The _____, which prohibited employers from using unfair labor practices, declared that the official policy of the u.s. governmen
Novay_Z [31]

The <u>Wagner act</u>, which prohibited employers from using unfair labor practices, declared that the official policy of the u.s. government was to encourage collective bargaining.

<h3><u>What is the Wagner Act?</u></h3>

The Wagner Act, officially known as the National Labor Relations Act of 1935, is the most significant labor law passed in the United States during the 20th century. Its principal goal was to make it lawful for most workers—with the notable exception of domestic and agricultural workers—to form or join labor unions and engage in collective bargaining with their employers.

The Wagner Act, sponsored by New York's Democratic senator Robert F. Wagner, made the federal government the exclusive arbiter and regulator of labor relations. It established the National Labor Relations Board (NLRB), a permanent body of three members (later expanded to five), with the authority to hear and decide labor disputes through quasi-judicial processes.

Learn more about the Wagner act with the help of the given link:

brainly.com/question/25970080

#SPJ4

8 0
1 year ago
What are the 6 major travel trade intermediaries
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Retail travel agents.
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