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3 years ago

What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?

Business

1 answer:

hjlf3 years ago

6 0

Answer:

Option 1 - the opportunity cost of leisure decreases as wages decrease.

Explanation:

The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.

The opposite of this is true as seen in option 1 of the question.

Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.

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Suppose Stark Ltd. just issued a dividend of $2.33 per share on its common stock. The company paid dividends of $2.00, $2.08, $2

klasskru [66]

Answer:

arithmetic average growth rate = (4% + 3.37% + 5.12% + 3.1%) / 4 = 3.9%

we need to find the required rate or return (RRR) in the following formula:

stock price = expected dividend / (RRR - growth rate)

expected dividend = $2.33 x 1.039 = $2.42
stock price = $55
growth rate = 0.039

55 = 2.42 / (RRR - 0.039)

RRR - 0.039 = 2.42 / 55 = 0.044

RRR = 0.083 = 8.3%

geometric average growth rate = [(1.04 x 1.0337 x 1.0512 x 1.031)¹/⁴] - 1 = 3.89%

again we need to find the required rate or return (RRR) in the following formula:

stock price = expected dividend / (RRR - growth rate)

expected dividend = $2.33 x 1.0389 = $2.42
stock price = $55
growth rate = 0.0389

55 = 2.42 / (RRR - 0.0389)

RRR - 0.0389 = 2.42 / 55 = 0.044

RRR = 0.0829 = 8.29%

5 0

3 years ago

A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in

Karolina [17]

Answer:

Explanation:

Use social media platforms like LinkedIn to screen for people with the relevant experience at high-performing companies

Using social media platform like Linkedin you would normally find the best and high- perfoming individuals, whomare definetly and most likely to meet the criteria for the job and even be beyond expectations. This has become a lot easier to use in this dispensation.

5 0

3 years ago

Read 2 more answers

What does the investment component of GDP measure? a. spending on domestically produced goods by foreign buyers b. spending by h

viktelen [127]

Answer:

1) The correct answer is letter "C": spending on goods to be used in future production.

2) The correct answer is letter "B": is considered unsold inventory and counted as a part of investment in current GDP.

Explanation:

1) The Gross Domestic Product (GDP) considers four (4) components: <em>Consumption, Investment, Government, </em>and <em>Net Exports</em> (exports-imports). Investments refer to all goods that are purchased to produce other goods in the future. Final goods to be used or to replace others do not fall into this category.

2) The output of a company is computed within the GDP. Even if the output is not sold after production but it is recorded as part of an organization's inventory, it will be considered in the calculation of the GDP of the year when the production of the good took place.

6 0

3 years ago

Lincoln Park Co. has a bond outstanding with a coupon rate of 6.04 percent and semiannual payments. The yield to maturity is 6.1

Reil [10]

Answer:

value of the bond = $2,033.33

Explanation:

We know,

Value of the bond, $B_{0} = [I * \frac{1 - (1 + i)^{-n}}{i}] + \frac{FV}{(1 + i)^n}$