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zlopas [31]
3 years ago
11

A midyear burst of​ minimum-wage increases starts on July 1

Business
1 answer:
Vesnalui [34]3 years ago
6 0

Answer:  B. decreases aggregate supply because​ firms' costs increase

Explanation:

The rise in the the minimum wage rate raise the production cost .

This tends to shift the aggregate supply curve leftwards because the profit margins of firm will decrease and that tends to decrease the production.( at each unite of production.)

Hence, the rise in the minimum wage​ <u>decreases aggregate supply because​ firms' costs increase .</u>

Therefore , the correct option is 'B'.

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Your current assignment at York Foods is to find the major benefits people look for in the packaged goods market, the kinds of p
Varvara68 [4.7K]

Answer:

People

Explanation:

People is the component of the marketing mix that deals with what the customer wants and how to effectively tailor products to meet those needs

It gives rise to segmentation of customers based on their preferences. Customers within a given segment are effectively catered for by because the company has an understanding of how to satisfy them.

In this scenario we want to find the major benefits people look for in the packaged goods market, the kinds of people who look for each benefit, and the major brands that deliver each benefit.

7 0
3 years ago
A company purchased new furniture at a cost of $14,000 on september 30. the furniture is estimated to have a useful life of 8 ye
Lesechka [4]

Answer: The company will record a depreciation of $375  as depreciation.

We begin by calculating the depreciable value of the asset.

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Depreciable Value = 14,000 - 2,000 = 12,000

The depreciable value is $12,000.

The useful life of the asset is 8 years from the date of purchase.

So, the depreciation for one year will be \frac{Depreciable Value}{Useful Life}.

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Since the equipment was purchased at the end of September, we can only charge depreciation for 3 months on 31st December.

So, the depreciation expense will be \frac{1500}{12} * 3 = 375

8 0
3 years ago
Read 2 more answers
If the absolute price of a new car is $40,000 and the relative price of a laptop computer in terms of cars is 1/20 of a car, it
Mariana [72]
Price of laptop=40000/20
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3 0
3 years ago
At a sales level of $270,000, the magnitude of operating leverage for the Cake Factory is 2.8. If sales increase by 15%, profits
hichkok12 [17]

Answer:

Increase in profit will be 42 %

So option (C) will be correct answer

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We have given sales level is $270000

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So option (C) will be correct answer

5 0
3 years ago
When referring to student loans what is a grace period
Anestetic [448]
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