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
AfilCa [17]
3 years ago
15

How will employers respond to an increase in the minimum wage?

Business
1 answer:
kherson [118]3 years ago
4 0

Answer:

C

Explanation:

Increasing minimum wage increases the cost of hiring labour. As a result, firms would reduce the amount of labour skilled labour employed in order to reduce cost of hiring labour.

Another option, is for firms to hire more skilled labours

You might be interested in
Cliff Co. wants to purchase a machine for $42,000, but needs to earn a return of 11%. The expected year-end net cash flows are $
grandymaker [24]

Answer:

54 percent

Explanation:

3 0
3 years ago
A company should develop its marketing strategy and then determine the wants and needs of its customers.
Andrew [12]

Answer:

True

Explanation:

This is true as by doing this you will be able to understand what is in demand in order to gain loyal customers for the business' growth and fill a gap in the market industry.

3 0
3 years ago
Describe and evaluate what Pfizer is doing with its PfizerWorks. 2. What structural implications—good and bad—does this approach
8090 [49]

Answer: Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.

Explanation:

Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.

They look at making a concept in the future where they would work remotely and connect with workers in any where in the world and share information.

This arrangement would work for many other firms, as most firm have started planning towards working remotely, and many have started out the process already.

Organizational structure has a big role to play in the efficiency of an organization, it depicts the work flow from the top to the bottom, what each department is doing, who guides them and how they can do better.

3 0
3 years ago
One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April
Reil [10]

Answer and Explanation:

The preparation of the production budget  and The total required production for the year is as follows

<u>                                                   One Device </u>

<u>                                                   Production budget</u>

<u>                                               For the first four months</u>

<u>Particulars        Jan             Feb             Mar            April              Year</u>

Expected

unit sales          500 units    800 units   450 units  550 units    

Add:

Ending

inventory          160 units     90 units      110 units   120 units

     ($800 × 20%)     ($450 × 20%)    ($550 × 20%)     ($600 × 20%)

Total

required units  660 units    890 units     560 units  670 units

Less:

Beginning

inventory         100 units      160 units     90 units       110 units

       ($500 × 20%)  ($800 × 20%)  ($450 × 20%)    ($550 × 20%)  

Required

production

units                 560 units     730 units     470 units     560 units     2,320 units

7 0
4 years ago
Help, can someone tell me if this memo is ineffective or effective?<br>(This is an example)
charle [14.2K]

Answer: It is ineffective

Explanation:. Because it has no meaning its just someones opinion its not really anything that involves inportant stuff hope this helps :)

7 0
3 years ago
Other questions:
  • Why do you think you are required to take elective courses?
    10·1 answer
  • Yvon asks zach, "do you want to buy one of my fishing rods?" under common law this is
    9·1 answer
  • In 2016, Chartres Inc., issued for $105 per share, 60,000 shares of $100 par value convertible preferred stock. One share of pre
    9·1 answer
  • Determine current portion of long term note payable On January 1, Irving company purchased equipment of 280,000 with a long term
    15·1 answer
  • Glacial Company estimates that variable costs will be 53.1% of sales, and fixed costs will total $710,000. The selling price of
    6·1 answer
  • Paul, a manager at a logistics company. Wants to have Emma, a temporary worker, handle customers’ queries. Paul’s colleague. Ali
    10·1 answer
  • Certain economic principles are of considerable importance in the valuation of real estate. The principle that "no buyer will pa
    12·1 answer
  • On June 1, Edward visited a bicycle sales and service center. Edward spotted a used bike he liked and was told by the dealer tha
    5·1 answer
  • Here are returns and standard deviations for four investments. Return (%) Standard Deviation (%) Treasury bills 4.5 0 Stock P 8.
    14·1 answer
  • The risk of employee opportunism, on behalf of agents, is exacerbated by the concept of:________
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!