Dog Catchers 'International members should be more cautious about salary increases because their labor demand elasticity is greater than Brain Surgeons' Brotherhood labor demand elasticity.
Demand elasticity is a concept that measures the sensitivity of demand to price changes. When elasticity is greater than 1, we say that demand is elastic, that is, sensitive to price changes. This is the case with Dog Catchers' International. When elasticity is a value between 0 and 1, we say that demand is inelastic, that is, little sensitive to changes in price. This is the case with Brain Surgeons' Brotherhood.
Thus, Brain Surgeons' Brotherhood employees have greater bargaining power in wage bargaining, as wage variation does not significantly reduce the demand for labor. However, in the case of Dog Catchers' International, the demand for work is more sensitive to the price of wages, so these workers have less bargaining power. If they demand too much, they will be unemployed.
Balance carried forward. Previous balance on an account which is carried over to be next billing period. Depending on the account terms, additional fees may be accessed if the total balance carried forward exceeds a certain amount.
Whenever there's an overstatement of Accounts Payable, the auditors would expect and overstatement of certain expenses and/or purchases and understatement of income tax. To address the overstatement, auditors will vouch and trace for transactions to check whether these are valid and existing. Any discrepancies noted are to be adjusted to correct the balances presented in the books.
It can be deduced that the group consists of opinion leaders for activewear clothing.
<h3>What are opinion leaders?</h3>
It should be noted that opinion leaders are the individuals that are experts within a particular industry.
In this case, the company invites the members of the high school track team to a private showing of the line and this group consists of the opinion leaders.
Learn more about leaders on:
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Answer:
(A) demanders of loanable funds, they must borrow from households.
Explanation:
The firms are the one which do business of producing goods, or of providing services, it basically need money to run their business. Therefore, it demands money and borrows from banks or households, from households by issuing bonds, shares to individual investors etc:.
This clearly states that the firms are the one's who take loans and then the returns are paid to government in the form of taxes.
Thus, the correct option is :
Statement A