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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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According to globalization opponents what is a disadvantage of globalization?.

ad-work [718]

Answer:

According to globalization opponents, what is a disadvantage of globalization? Globalization results in companies "exporting jobs" to low-wage nations.

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2 years ago

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Taylor Equipment Repair Service is owned by Jason Taylor. Cash $ 33,700 Supplies 5,780 Accounts Receivable 12,600 Equipment 77,4

kumpel [21]

Answer:

Owners Equity/Net Worth is $106,080

Explanation:

Assets

Cash $33,700

Supplies $5,780

Accounts Receivable $12,600

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Total Assets $129,480

Liabilities

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3 years ago

How data of new hired empployees are saved?

zaharov [31]

Answer:

The HRM saves the data

Explanation:

The Human resource management (HRM) department handles recruitment for most companies that have such a department. Therefore whenever a company recruits employees the employee data such as;

Address,
Family details,
Medical records,
Age etc,

is sent to the HRM and is usually kept within the organization for internal usuage only in a database or company's internal website.

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3 years ago

Melinda, who works in a jewelry store owned by Cindy, was picking up some gem stones for use in the store. On the way back to th

baherus [9]

Yes she should be held liable

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2 years ago

In-market audiences allow the opportunity to specifically identify what kind of user?

brilliants [131]

Answer:

The correct answer is the option B: someone who is in the mindset to buy.

Explanation:

To begin with, the term of ''in-market audiences'' refers to the potential consumers that a business may want to target regarding the fact that those consumers are searching and browsing about topics that are related to the business' products that are being offered at that time. Moreover, this tool helps the business to connect with those buyers who are already comparing products across the Google Display Network publisher and more. It is clearly stated that with this tool the company will find the person who has an intereset in the business' products and are in the mindset to buy.

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3 years ago