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horrorfan [7]
3 years ago
7

Recently the government increased the minimum wage from $4,280 per week to $5,300 per week. The inflation rate during the same p

eriod was 9%. What is the impact on real wages ?
Business
1 answer:
andreev551 [17]3 years ago
6 0
4280 x 1.09 = real wage if constant from period x to period y. Let's call
this number Z.

Find the relationship between Z and the government's wage increase. If 5300 / Z < 1 then the total effect of wage increase/inflation's devaluation of real salary is negative. If the relationship is above one (5300/Z > 1) then the effect is positive for the workers.
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Two or more subsystems working together to produce more than the total of what they might produce working alone is called ______
Marysya12 [62]

Two or more subsystems working together to provide greater than the full of what they might produce running alone is called Synergy.

Production is the process of combining various material inputs and immaterial inputs (plans, information) with the purpose to make something for consumption (output). it's far the act of making an output, a great or provider which has a fee and contributes to the utility of individuals.

Produce here refers to “clean fruits and vegetables”. it is the noun version of that phrase, not the verb, and so its pressure falls on the first syllable. consequently, the produce aisle is the location where such things are found.

Produce is a generalized time period for many farm-produced plants, including culmination and veggies (grains, oats, and many others. Produce is a generalized time period for a collection of farm-produced vegetation and items, such as fruits and veggies – meats, grains, oats, and many others. are also sometimes considered produce. greater especially, the term "produce" regularly implies that the products are fresh and normally inside the same country as wherein they had been harvested.

Learn more about produce here:

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3 0
2 years ago
Ramanond Technologies is an independent business that facilitates foreign exchange trades. In the context of institutions that m
earnstyle [38]

Answer:

Fiscal investors.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Under globalization, a fiscal investor refers to an independent business that facilitates or enhances foreign exchange trades between two or more countries.

This ultimately implies that, fiscal investors are institutions or business firms that make it possible for foreign exchange to take place with respect to the buying and selling of goods and services between countries.

8 0
3 years ago
How does increasing the skater's mass change the skater's:
Aliun [14]
If the skaters weight changes he will get heavier or lighter. He wouldn’t move as fast or as slow
3 0
3 years ago
Read 2 more answers
Tasty Subs acquired a delivery truck on October 1, 2018, for $19,500. The company estimates a residual value of $2,100 and a six
dem82 [27]

Answer:

The question is calculating the depreciation expense using straight-line method for 2018 and 2019?

Depreciation expenses for 2018: $725;

Depreciation expenses for 2019: $2,900.

Explanation:

We have yearly depreciation expenses is calculated as:

Yearly Depreciation expense = (Original cost - Salvage value) / Useful life = (19,500 - 2,100) /6 = $2,900.

For 2019, depreciation expense is recorded for the full-year at $2,900.

For 2018, depreciation expense is recorded for only three months ( as delivery truck was bought on Oct 1st 2018), which is calculated as: Yearly Depreciation expense / 12 * 3 = $725.

So, the answer is:

Depreciation expenses for 2018: $725;

Depreciation expenses for 2019: $2,900.

3 0
3 years ago
Costs which can be eliminated in whole or in part if a particular business segment is discontinued are called:
weqwewe [10]

Answer:

Avoidable costs

Explanation:

An avoidable cost is defined as one that an entity will not incur if a particular activity is not undertaken.

In business operations avoidable costs are usually variable costs. These are costs that vary or change in the cost of production. For example wages, cost of raw materials, and labour. These can be avoided depending on business needs.

Costs that are not avoidable are fixed cost. For example rent, insurance, and utilities.

These costs are paid wether production occurs or not.

8 0
3 years ago
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