1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
chubhunter [2.5K]
3 years ago
15

Which of the following decreases in labor demand is due to a change in product demand? rev: 06_21_2018 Multiple Choice An increa

se in the price of paper increases the cost of making books, thus decreasing the demand for bookbinders. The widespread availability of news on the web reduces the demand for newspaper workers. An increase in the price of steel increases the cost of producing cars and trucks, thus decreasing the demand for automobile workers. A decline in productivity in retailing decreases the demand for retail sales workers.
Business
1 answer:
pochemuha3 years ago
8 0

Answer:

The widespread availability of news on the web reduces the demand for newspaper workers.

Explanation:

Factors that can shift the demand curve for labor include: a change in the quantity demanded of the product that the labor produces; a change in the production process that uses more or less labor; and a change in government policy that affects the quantity of labor that firms wish to hire at a given wage.

Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.

You might be interested in
4. When the actual price of a good is above its equilibrium market price, competition
earnstyle [38]

Answer:

C.

Explanation:

Because naturally within a market the equilibrium price is trying to be reached, (besides price ceilings and floors imposed by the government), Sellers will naturally push the price downwards because they must compete with each other to make a living. Thus answer C. is correct.

4 0
3 years ago
How did trickle-down economics claim to increase government tax revenues?
chubhunter [2.5K]
<span>How did trickle-down economics claim to increase government tax revenues? By lowering tax rates. Lower tax rates helps the people by giving them a tax break that the wouldn't otherwise get. Paying taxes becomes expensive and it helps those when taxes decrease because they are able to keep more of their income and afford more than they would be able to otherwise. </span>
5 0
3 years ago
Emerald corporation's current ratio is 0.5, while ruby (emerald's competitor) company's current ratio is 1.5. Both firms want to
ruslelena [56]

Answer:

b. Only Emerald Corporation's current ratio will be increased.

Explanation:

Given that

Emerald current ratio is

= 0.5 i.e. = 0.5 ÷ 1

now in case when the current liability is doubles , so the current assets is

= 0.5 + 1 = 1.5

And, the cuurrent liabilities is

= 1 + 1

= 2

so new ratio is

= 1.5 ÷ 2

= 0.75

Now  

Ruby current ratio is

= 1.5

i.e. = 1.5 ÷ 1

Now in case when the current liability is doubled,

the current assets is

= 1.5 + 1

= 2.5

And, current liabilities is

= 1 + 1

= 2

Now new ratio is

= 2.5 ÷ 2

= 1.25

Therefore the emerald current ratio is rised from 0.5 to 0.75

And, the Ruby's ratio has decline from 1.5 to 1.25

7 0
3 years ago
Equity Method for Stock Investment On January 4, Year 1, Ferguson Company purchased 108,000 shares of Silva Company directly fro
r-ruslan [8.4K]

Answer:

a)

January 4, year 1, investment in Silva Company (36% of outstanding stocks)

Dr Investment in Silva Company 5,184,000

    Cr Cash 5,184,000

July 2, year 1, distributed dividends ( $292,000 x 36%)

Dr Cash 104,400

    Cr Investment in Silva Company 104,400

December 31, year 1, net income reported by Silva Company ($971,000 x 36%)

Dr Investment in Silva Company 349,560

    Cr Revenue from investment in Silva Company 349,560

b)

Balance of Investment in Silva Company = $5,184,000 - $104,400 + $349,560 = $5,429,160

Explanation:

Since Ferguson exercises significant influence over Silva Company, they must record the investment using the equity method.

7 0
3 years ago
You are a leader in a paper manufacturer that has recently been charged with using too many trees and polluting groundwater arou
goldfiish [28.3K]
I am the leader of a manufacturer of labor and basically how can i help my environment well at first i would only use the necessities that i need to use. i wouldn't really go over board on a product. recyclables always do help in our environment as well.
5 0
4 years ago
Other questions:
  • Consultative selling emphasizes need​ identification, which the salesperson achieves​ by: A. asking the client questions and lis
    13·1 answer
  • Assume you plan to travel to the Southern Hemisphere after final exams. You’ve narrowed your choices down to two that you like e
    12·1 answer
  • Sometimes called the coverage ratio, this ratio measures the risk that interest payments will not be made if earnings decrease.
    9·1 answer
  • A "price taker" is a firm that Question 8 options: does not have the ability to control the price of the product it sells. does
    7·1 answer
  • ABC Appliance offers a warranty requiring an annual fee. The warranty may be purchased at the time of sale or at any time within
    14·1 answer
  • A company had a budgeted production of 12000 units and actual production of 13200 units. Two types of raw material, P and Q are
    5·1 answer
  • The balance in the prepaid rent account before adjustment at the end of the year is $16,212, which represents 6 months' rent pai
    15·1 answer
  • Each individual firm will maximize its profits or minimize losses by hiring a specific type of labor up to the point where the m
    14·1 answer
  • _____ occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput incre
    8·1 answer
  • is a guiding philosophy and management approach that emphasizes efficiency through elimination of waste in company operations.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!