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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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When the price of paintings is set at $500, the local art gallery supplies 20 paintings per week. When the price of paintings in
Rudiy27

Answer:

the  price elasticity of supply is 0.555

Explanation:

The computation of the price elasticity of supply is given below:

= Percentage change in quantity supplied ÷ percentage change in price

= (25 - 20) ÷ (25 + 20) ÷ 2 ÷ (750 - 500) ÷ (750 + 500) ÷ 2

= 5 ÷45 ÷ 250 ÷ 125

= 0.555

Hence, the  price elasticity of supply is 0.555

The same is relevant

4 0
2 years ago
Mcmurtry Corporation sells a product for $110 per unit. The product's current sales are 12,200 units and its break-even sales ar
denis23 [38]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Mcmurtry Corporation sells a product for $110 per unit. The product's current sales are 12,200 units and its break-even sales are 10,614 units.

<u>The margin of safety is the number of units or amount of dollars that provide genuine profit to the company. It is the "margin" that gives room to try new strategies</u>.

It is calculated using the following formula:

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio=  (12,200 - 10,614) / 12,200

Margin of safety ratio= 0.13=13%

5 0
3 years ago
Accounting records for NIC Enterprises (NICE) for September show the following (each entry is the total of the actual entries fo
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Answer: $263,000

Explanation:

Based on the information given, the finished goods inventory on September 30 will be calculated as:

= Begining inventory + Transfers in - Transfers out.

= $203000 + $1,770,000 - $1,710,000

= $263,000

Therefore, finished goods inventory on September 30 was $263,000

4 0
3 years ago
Describe <br> four factors that determine wage differentials?
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<span>The four factors that determine wage differentials include efficiency in labor, where skilled workers may get higher pay than the unskilled ones; working conditions is another factor, as performing one’s job in dangerous areas may give higher pay to compensate for the risks involved; discrimination also affects the wage rates and said rates may be biased against a certain person or group; lastly, there is the demand for laborers across occupations that vary, and the wage paid may depend on the desirability or the requirements needed for a certain job.</span>

3 0
3 years ago
Victorinox is the name of the company that manufactures Swiss army knives. The _____ channel the company utilizes to get its kni
lora16 [44]
Distribution channel is how you products to consumers.
5 0
2 years ago
Read 2 more answers
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