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4 years ago

Explain the relationship between wages and derived demand

Business

1 answer:

Oksana_A [137]4 years ago

7 0

Here is you're answer:

Wages is the amount of money a person gets paid for labor, derived demand is a demand for more money because of the increase of labor the workers have to do. To conclude the relationship between the two is that "if the worker gains more labor they would make a derived demand to increase their wage."

Hope this helps!

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Answer:

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3 years ago

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4 years ago

Swifty snowboards converts regulat snowboards by adding outriggers and seats so that people who use wheel chairs can snowboard.

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Answer:

A. 563 snowboards

B. $120

C. Incremental Profit:$32,000

Explanation:

Volume to meet target profit = (Target Profit + Fixed Cost) / Contribution per unit

Calculation of Contribution per unit

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Less Variable Costs ;

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Variable selling and administration ($10,000)

Contribution $80,000

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= $160

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Cost of Making :

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Total Cost = $120

Therefore, Snowbird's managers are willing to pay $120

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Differential analysis for the additional 200 snowboards

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Less Incremental Production Costs ( 200 × $120) ($24,000)

Less Incremental selling and administration (200 × $20) ($4,000)

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3 years ago

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Answer:

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However, there are certain operations in which the intervenors can manipulate the sale prices of the goods or services they provide, since these transactions are carried out between entities or related persons. In these cases, a company can sell to another at a different price than the market, either higher or lower, so that the transfer price would not follow the rules of the free market, regulated by supply and demand, being able to transfer benefits or losses artificially from one company to another.

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3 years ago

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