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
Dmitrij [34]
3 years ago
10

3. There are concerns about an increase in unemployment due to the slowdown in manufacturing. a) What effect would an increase i

n the unemployment rate have on the equilibrium wage? (3 marks)
Business
2 answers:
Vikki [24]3 years ago
6 0
Equilibrium wage means that it is the wage paid on employees where supply and demand are equal.

All persons looking for work at the going wage will be able to find jobs in an equilibrium setting.

an increase in the unemployment rate will result to a decrease on the equilibrium wage.
Bingel [31]3 years ago
6 0
The equilibrium wage is a wage that is a result of a equilibrium of demand and supply, meaning that a lower or higher wage would change the demand or the supply.

If there is an increase in unemployment, then it means that the supply of workers has increased, while the demand for them is steady; this would drive the equilibrium prize down
You might be interested in
in the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy
Svet_ta [14]

In the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy is  e. implementation of the task changes.

<h3>What is the integrative framework?</h3>

A integrative framework can be described as the means of negotiation decision making to conceptualize the actions,as well as contingencies of all possible outcomes, options and scenarios.

It should be noted that this applied integrative negotiations can be seen as one that is with the intention of incorporating the goals and aims of all the negotiating parties to create maximum value .

Therefore, option E is correct.

Learn more about implementation at:

brainly.com/question/29439008

#SPJ1

8 0
1 year ago
Replenishing the Petty Cash Fund
liq [111]

Answer:

Explanation:

Postage expense.           1320

freight out.                       1140

miscellaneous exp.           150

          Cash.                                          2610

to replenish petty cash account

note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

4 0
2 years ago
HELP TAKING TEST!! Suppose you are a treatment specialist and desire additional training and certification. What would the best
natulia [17]
The answer is crisis certification
3 0
3 years ago
Torch Industries can issue perpetual preferred stock at a price of $58.50 a share. The stock would pay a constant annual dividen
Snezhnost [94]

Answer:

11.96%

Explanation:

Calculation for Torch Industries company's cost of preferred stock,

Using this formula

Cost of preferred stock = Dividend / Stock Price * 100

Where:

Dividend =$7.00

Stock Price = $58,50

Hence,

= $7 / $58.50 * 100

= 11.96%

Therefore the company's cost of preferred stock will be 11.96%

3 0
3 years ago
World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per yea
3241004551 [841]

Answer:

b.Increases in the global population

c.Services such as web conferencing and teleconferencing that facilitate international meetings.

d.International trade agreements such as the North American Free Trade Agreement (NAFTA).

Explanation:

As the countries increase their trade with free trade agreement like NAFTA or the Eurozone which enables to a higher transactions of factors between countries like labor, capital and goods.

Also better communications method facilitate to build trust between parties thus, making trade more feasible.

More population enables more people willing to trade as well.

7 0
3 years ago
Other questions:
  • Should Obama Care system be continued into the future ?? Yes :Because considering an average of 20 million US citizen depend on
    13·1 answer
  • Jackson manages an upscale French restaurant in the Washington, DC, area. His restaurant offers a few specials each evening in a
    15·1 answer
  • Mark brainliest:/
    14·2 answers
  • (consider this) consumers might leave a fast-food restaurant without being served because:
    6·1 answer
  • In the past there have been violent protests against the World Bank and the World Trade Organization. The protesters argued that
    9·1 answer
  • Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing an
    15·1 answer
  • One project has three cash flows: att0, the initial investment cost is $150; att1, theproject pays $121; att2, the project needs
    8·1 answer
  • You need a 30-year, fixed-rate mortgage to buy a new home for $280,000. Your mortgage bank will lend you the money at an APR of
    9·1 answer
  • What piece of legislation, one of the most complex areas of federal civil law, was established in 1974 mainly to protect the emp
    8·1 answer
  • How much total estimated warranty expense does arctica report for the current year?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!