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taurus [48]
3 years ago
6

Which of the following best illustrates the purpose of labor laws?

Business
1 answer:
arlik [135]3 years ago
7 0

A law that allows mine owners to hire children to work in tight spaces best illustrates the purpose of labor laws.

C. a law that establishes health and safety conditions in private companies

<u>Explanation:</u>

The sole purpose of Labour Laws is to provide good and healthy environment for the labours working in mines and factories and protecting and supporting their rights, mental well being and their safety.

The Law also helps them treated equally in the work space and are being provided equal wages and proper wages for the they do in the factories and mines. In mines the workers cannot be forced to work in dangerous situations and will be paid well for their labour.

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Management expert peter drucker said the most important factor of production in our economy is, and always will be,.
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Business consultant Peter Drucker said that the most important factor of production is knowledge.
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2 years ago
. Chandler Tire Co. is trying to decide which one of two projects it should accept. Both projects have the same start-up costs.
Alex787 [66]

Answer:

So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33  more than Project 1

Explanation:

<em>To determine which project to be selected, we will compute the  present value (PV) of the two projects and select the  one with a higher PV.</em>

Present value is the today worth of the future cash inflows from a project. The higher the present value the more wealth is been created. So a project with a higher PV is better if two are been compared.

So when comparing two projects, the one with a higher PV is better.

<em>PV of Poject 1 </em>

PV = 52,000 × 1-(1.015)^(-6)

$196,793.10

<em>PV of Project 2</em>

PV = 48,000 × 1- (1.015)^(-8)

$215,391.43

So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33  more than Project 1

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What is confidential information​
dem82 [27]

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Information that is top secret vip your eyes only

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If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.
luda_lava [24]

If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.

Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.

For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.

Learn more about price inelastic at

brainly.com/question/5078326

#SPJ4

<em>Your question is incomplete. please read below to find the full content.</em>

If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.

price inelastic.

quantity demanded.

relative price increase.

change in price.

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2 years ago
Which of the following is not commonly regarded as being part of a firm’s credit policy? a. Credit period b. Collection policy c
Alex
D!!! All of the above
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3 years ago
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