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MAXImum [283]
3 years ago
8

As the result of an increase in capital the demand for labor would_______, the supply of labor would ________, and the quantity

of laborhired would __________.a. increase, increase, increaseb. increase, remain the same, increasec. increase, remain the same, decreased. increase, decrease, remain the samee. decrease, decrease, decrease
Business
1 answer:
Mademuasel [1]3 years ago
8 0

Answer:

The correct answer here is option b.

Explanation:

When here is an increase in capital, the firm would like to produce more. So, the demand for labor would increase. Though the supply of labor would remain the same as it is not affected by the change in capital.

With the shift in the demand curve, the quantity of labor hired would increase as well. With no change in labor supply, the wage rate will increase as well.

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Problem 5-1 Simple Interest versus Compound Interest [LO1] First City Bank pays 8 percent simple interest on its savings account
Anna71 [15]

Answer:

$14,343.25

Explanation:

The computation is shown below;

For the first bank

The value of investment is

= $68,000 × 8% × 8 + $68,000

= $111,520

For the second bank

= $68,000 × (1 + 0.08)^8

= $125,863.25

So, the difference in these both amount should be

= $125,863.25 - $111,520

= $14,343.25

7 0
2 years ago
Courts Distributors needed two hundred compact refrigerators on a rush basis. It contacted Eastinghouse Corporation, a manufactu
Romashka [77]

Answer:

Courts Distributors and Eastinghouse Corporation

Dispute over Contract Price

The two parties have a legal contract.  The contract was established when Courts requested Eastinghouse to send the refrigerators and bill later.

The exact price for the contract is in dispute.  This dispute can be resolved between the parties.  Reference to the market price will help resolve the dispute, otherwise, the parties may seek alternative dispute resolutions, like litigation, mediation, or arbitration.

Explanation:

a) Data and Analysis:

Eastinghouse's invoice price for the refrigerators = $140,000

Courts' adopted market price = $120,000

b) Since Courts' reference to the price is with regard to the wholesale market price, it may be that Eastinghouse quoted the retail price instead.  Since Courts is a distributor, it has the right to be charged a wholesaler's price and not a retailer's.  Therefore, we can conclude that after due reference to the prevailing market price of similar refrigerators, the two parties may agree to a price of $120,000 or a little higher.

7 0
2 years ago
Helppppppppppppp
Neko [114]

Answer:

Explanation:

You need 2 people to have a conversation, not just words. You can’t just be in and empty room and just talk. You need someone else to talk to you.

8 0
2 years ago
A ________ check would be used to restrict the fines for speeding violations from $50 to $250.
snow_lady [41]
Range would be the check that is used to restrict the fines for speeding violations from $50-$250
8 0
3 years ago
Logan Nettles approached Kevin Lang about becoming a partner in a firm that destroys environmental waste. While Logan would like
Stells [14]

Answer:

<em>c. limited partner.</em>

Explanation:

<em>In the presented scenario, Logan Nettles should become a</em> <u>limited partner</u>.

Limited partner is the partnership in which one  limited partner is been required compulsory. This is slightly different from general partnership. In this profit of the business is limited and the debt and dis-advantage on the amount of investment is also limited.

So we can see that Logan is also concerned about his disadvantage which is known as liability.

5 0
3 years ago
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