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Alex73 [517]
2 years ago
9

_____________________ argues that the productivity of workers will increase if they are paid more, and so employers will often f

ind it worthwhile to pay their employees somewhat more than market conditions might dictate.Efficiency wage theoryEquilibrium wage theoryEmployee wage theoryEmployer wage theory
Business
1 answer:
den301095 [7]2 years ago
4 0

Answer:

Efficiency wage theory. Option A

Explanation: Efficiency wage theory is the idea that an increase in wages will lead to more productivity among workers because they will feel more motivated to work.

This is important for the employers also, because it will lead to higher productivity if they paid their employees more than what the market conditions dictate.

For example in a competitive labour market, employer A will enjoy more productivity and employee loyalty than employer B if employer A paid $10/hr and employer B paid $5/hr, in the same industry.

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Last month unemployment fell to 4 percent, its lowest level in years. The economy is growing rapidly, but consumer prices have r
inysia [295]

Answer:

An increase in taxes.

Explanation:

A rise in the prices is indications that the inflation rate is high.  Policymakers should intervene by introducing contractionary measures that will counter the rising inflation. Fiscal policy measures, such as increasing taxes, reduce inflationary pressures without the risk of causing a recession.

Increase taxes reduces the purchasing power of businesses and individuals, thereby reducing the aggregate demand.  A reduction in aggregated demand lowers production levels, which results in low inflation but increases the unemployment rate.

6 0
3 years ago
Which sentence about flexible spending accounts (FSAs) is true? A. The funds in the account remain for as long as you’re employe
blsea [12.9K]

Contributions shall be paid until contributions for eligible spending are removed.

<u>Explanation: </u>

A Flexible Spending Account (FSA) is a kind of savings account that offers specific tax incentives for the account holder. The employer for a contractor provides the FSA, also known as a flexible spending plan. The account requires workers to pay for eligible charges related to medical care and dentistry for a percentage of their daily earnings.

An FSA is a form of savings account that helps workers to pay for authorized expenses in a part of their regular income.

Funds paid to the company shall, due to payroll deductions, be excluded from the worker’s wages.

The money must be invested by the completion of the scheme year in the FSA, but employers can give up to 2.5 months of time until 15 March next year.

4 0
3 years ago
Read 2 more answers
A dode blank has three beats'
Phantasy [73]
What is the question
7 0
2 years ago
Read 2 more answers
San Francisco Corporation uses two materials in the production of its product. The materials, X and Y, have the following standa
levacccp [35]

Answer:

(1) Material usage variance for X: 1,500 (Favorable)

(2) Material usage variance for Y: -19,500 (Adverse)

Explanation:

Material usage variance for X:

Standard Mix for actual Yield:

= (Standard mix of material X ÷ Yield) × Yield actual mix

= (3,500 ÷ 4,000) × 36,000

=  31,500

Material Usage Variance:

= (Standard Mix for actual Yield- Actual Mix) × Standard unit price

= (31,500-30,000) × $1

= 1,500 (Favorable)

Material usage variance for Y:

Standard Mix for actual Yield:

= (Standard mix of material Y ÷ Yield) × Yield actual mix

= (1,500 ÷ 4,000) × 36,000

=  13,500

Material Usage Variance:

= (Standard Mix for actual Yield- Actual Mix) × Standard unit price

= (13,500 - 20,000) × $3

= -19,500 (Adverse)

Total = (19,500) + 1,500

        = (18,000) [Adverse]

4 0
3 years ago
The catering manager of lavista​ hotel, lisa​ ferguson, is disturbed by the amount of silverware she is losing every week. last
Finger [1]

Answer:

A.16,971 pieces

B.$530.34

C.$530.32

Explanation:

a)

EOQ = √2∗A∗B÷C

EOQ = Economic Order Quantity

A = Annual Demand

B = Buying Cost

C = Carrying Cost per unit per year

Hence:

A = 45,000 pieces

B = $200 per order

C = $1.25 * 5% per unit per year

= $0.0625

EOQ = √2∗45,000∗$200 ÷ $0.0625

= 16,970.56 approximately 16,971 pieces

b)

Annual Holding Cost = Average Inventory * Holding Cost per unit per year

Average Inventory = EOQ÷2

Using the formula

Annual Holding Cost = 16,971 ÷2 ∗$0.0625

Annual Holding Cost =8,485.5×$0.0625

Annual Holding Cost = $530.34

c)

Annual Ordering Cost = Ordering Cost Per order * No. of Orders

No. of Orders = Annual Demand÷EOQ

Annual Ordering Cost = $200∗45,000÷ 16,971

Annual Ordering Cost =$9,000,000÷16,971

Annual Ordering Cost = $530.32

4 0
3 years ago
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