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4 years ago

According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?

Business

2 answers:

Marizza181 [45]4 years ago

5 0

The correct answer is D. When demand is high and supply is low

Explanation:

The market theory of wage determination proposes wages follow the same economical rules of demand and supply. This implies, that wages would increase in the case of high demand and low supply. This can be explained as employers would pay more if few individuals are able to perform a job (low supply), but these individuals are needed by a lot of employers (high demand). For example, if in a city there are a lot of hospitals and few doctors, hospitals would offer a higher wage to doctors so they can compete over other hospitals and get doctors to work for the hospital in this way.

Dmitry_Shevchenko [17]4 years ago

4 0

Answer:

When there is now demand for this type of labor

Explanation:

Hope this helps :))

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At the beginning of the year, a company had accounts receivable of $700,000 and an allowance for doubtful accounts with a credit

7nadin3 [17]

Answer:

$77,000

Explanation:

Calculation to determine How much did the cash realizable value change during the current year

First step

Ending accounts receivables = Beginning accounts receivables + Sales on account - collections on account - Write offs

Ending accounts receivables = $700,000 + $195,000 - $95,000 - $11,000

Ending accounts receivables= $789,000

Second step

Ending cash realizable value = Ending accounts receivables - Ending allowance for doubtful accounts

Ending cash realizable value = $789,000 - $72,000

Ending cash realizable value= $717,000

Now let determine the Change in cash realizable value

Change in cash realizable value = Ending cash realizable value - Beginning cash realizable value

Change in cash realizable value= $717,000 - 640,000

Change in cash realizable value= $77,000

Therefore How much did the cash realizable value change during the current year will be $77,000

3 0

3 years ago

________________________ diagnose, replace, maintain, identify faults with, and repair electrical wiring and computer-based equi

ololo11 [35]

The answer is light line technicians as they are the ones responsible of providing care and fixing the components of the vehicles, whether they will diagnose it, replace and identify the faults that causes failures and complications to the vehicles, they are the ones who are responsible for providing the support it needs.

4 0

3 years ago

Alice purchased office furniture on September 20, 2018, for $100,000. On October 10, 2018, she purchased business computers for

lana [24]

Answer:

The correct answer is $30,290.

Explanation:

According to the scenario, the computation can be done as follows:

This applies regular MACRs

So, As furniture is the Seven year property,

So, the cost recovery deduction for the furniture = $100,000 × .1429

= $14,290

And The computer is a five year asset

So, the cost recovery deduction for the Computer = $80,000 × .20

= $16,000

So, Total Cost recovery deduction = Cost of recovery deduction for furniture + cost of recovery deduction for computer

= $14,290 + $16,000

= $30,290

Hence, the cost recovery deduction for the business assets for 2019 is $30,290.

8 0

3 years ago

Canterbury Co. issues a discounted, non-interest-bearing note in exchange for borrowed funds. Choose whether the cash received w

tia_tia [17]

Answer:

b. Lower Higher

Explanation:

As non interest bearing notes are issued on deep discounted value. The face value of the note is discounted to calculate the cash receipt from the issuance. So, the cash received will be higher than the face value of the note.

If the non interest bearing note is issued on a discounted value the effective interest rate will be higher than the discount rate of the bond because the investor demands the required rate of return which is used to discount and calculating effective rate using discounted value will result the higher rate.

4 0

3 years ago

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 yea

77julia77 [94]

Answer:

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________

$7,873.83

Explanation:

a) Data:

Annual investment = $1,600

Interest rate = 14%

Number of period = 4 years

b) Calculations, using an online finance calculator:

FV (Future Value) $7,873.83

PV (Present Value) $4,661.94

N (Number of Periods) 4.000

I/Y (Interest Rate) 14.000%

PMT (Periodic Payment) $1,600.00

Starting Investment $0.00

Total Principal $6,400.00

Total Interest $1,473.83

c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.

4 0

3 years ago