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notka56 [123]
4 years ago
15

How many low-skill laborers will be unemployed when the minimum wage is $8/hr? 9 million Part 2 (1 point) How many low-skill lab

orers will be unemployed when the minimum wage is $6/hr? 0
Business
1 answer:
alexandr1967 [171]4 years ago
7 0

Answer:

A. 9 million

B. 0

Explanation:

A. The quantity demanded is 29 million, and the quantity supplied is 38 million.

Therefore:

38million- 29million= 9 million

Meaning 9 million low-skill laborers will be unemployed when the minimum wage is $8/hr.

B. 0

$6/hr is below the market-equilibrium wage of $7/hr, it therefore has no effect meaning no low skill laborers will be unemployed when the minimum wage is $6/hr

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The focus of a(n) __________ strategy is high sales at low cost; the high sales are typically achieved by coming up with a produ
sp2606 [1]

Answer:

Mass marketing

Explanation:

Mass marketing -

It refers to as the marketing strategy , where the focus is on the complete market rather than some specific group , is referred to as mass marketing .

It is the reverse of niche marketing .

Mass marketing requires advertising method like , television , radio , newspaper , magazine etc.

As they tries to capture large area of consumers .

Hence , from the given information of the question ,

The correct answer is mass marketing .

5 0
3 years ago
The risk-free rate, average returns, standard deviations, and betas for three funds and the S&P 500 are given below. Fund Av
Ainat [17]

Answer:

Portfolio A is preferred.

Explanation:

Given the following sorted data from the question:

Fund        Avg         Std Dev         Beta

A                17.5%        26.5%         1.35

B                 12.5%       23.5%          1.10

C                 13.5%       20.5%          1.15

S&P 500     10%          15%               1

rf                  4.0%

To determine the preferred portfolio, the Treynor measure for each portfolio is estimated as follows:

Treynor measure = (Avg - rf rate) / beta

Therefore, we have:

Treynor measure of Portfolio A = (17.5% - 4.0%) / 1.35 = 10.00%

Treynor measure of Portfolio B = (12.5% - 4.0%) / 1.10 = 7.73%

Treynor measure of Porfolio C = (13.5% - 4.0%) / 1.15 = 8.26%

Since the 10% Treynor measure of Portfolio A is the highest, Portfolio A is preferred.

3 0
3 years ago
2) You purchase one MBI July 125 call contract (equaling 100 shares) for a premium of $5. You hold the option until the expirati
PtichkaEL [24]

Answer:

D) $500 loss

Explanation:

The computation of the realized value on the investment is shown below:

= Number of shares × premium

= 100 shares × $5

= $500 loss

Since the call is for 125 shares for $125 and the selling price per share is $123  due to which the contract is not implemented. So the premium amount would be recorded as a loss of $500

8 0
3 years ago
Who is better off: a person using credit cards or a person refraining from any loans?
PIT_PIT [208]
<span>Who is better off: a person using credit cards or a person refraining from any loans? A person using credit cards is better off </span>from a person refraining from any loans. A person using credit can often purchase more and have more flexibility with their money over someone who only uses cash. There are items and services that do not take cash as a form of payment, so without a credit card the person can not make the purchase. 
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4 years ago
A portion or share of ownership in a corporation is called a _____.
Katarina [22]
The correct answer is C. Stock

When you buy stocks, you buy pieces of the company. You trade stocks on a stock market.
8 0
3 years ago
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