Machinery repairs, property taxes, salaries for workers variable: number of workers, what crop is being produced, gas for machinery.
Answer:
b) Paying higher wages can reduce a firm's training costs.
c) Paying higher wages encourages workers to be more productive.
d) Higher wages attract a more competent pool of workers.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal. The point at which the MRPL equals the prevailing wage rate is the labor market equilibrium.
The idea of the efficiency wage theory is that increasing wages can lead to increased labour productivity because workers feel more motivated to work with higher pay. Paying higher wages encourages workers to be more productive. Higher wages attract a more competent pool of workers. Workers stay with employers longer (instead of seeking out better-paying work with other companies) reducing businesses’ turnover, hiring, and training costs.
Stetho is the prefix for chest, while a scope is an examination tool. A stethoscope is a commonly used tool for auscultation (examination through listening) of the lungs and heart, which are in the chest.
Answer:
when someone is unemployed(does not have a job), but still benefits the economy in some way
Answer:
$100 would be held as required reserves
$900 would be available to be given out as loans
Explanation:
The required reserve is the minimum amount set by the Central bank that must be held as reserves by banks.
If $1000 is deposited and 10% is the required reserves, 0.1 × $1000 = $100 would be held as required reserves.
$1000 - $100 = $900 would be available to be given out as loans.
I hope my answer helps you.