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.
Answer:
D. trade-offs associated with financial decisions.
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Let's assume Martin can produce either 5 jeans or 10 shirts in one hour. If Martin decides to produce jeans instead, his opportunity cost are the shirts he trades off when he decided to produce jeans.
I hope my answer helps you
Answer:
e
Explanation:
Due to weather disruptions in agricultural areas , farms would be negatively affected and this would reduce supply. If supply is reduced, the supply curve shifts inward. This would lead to an increase in equilibrium price and a reduction in equilibrium quantity
For example, an hurricane would destroy farms
Answer:
The Customer Lifetime Value of firm A amounts to $41,405. Hence, the correct option is 3
Explanation:
The formula to compute the Customer Lifetime Value of firm A is:
Customer Lifetime Value of firm A = Average annual sales × Average Profit Margin × Uniform series PW ( Present Worth) factor
= $55,000 × 15% × 5.0188
= $41,405
where
Average annual sales is $55,000
Average Profit Margin is 15%
We need to find out this:
The formula to compute this:
Uniform series PW factor = ( 1 + i%) ^ n - 1 / i % × ( 1 + i%) ^ n
= ( 1 + 15%) ^ 10 - 1 / 15% × ( 1 + 15%) ^ 10
= (1.15 ^ 10 -1) / (0.15 × 1.15 ^10)
= 5.0188
Answer:
a. regulations.
Explanation:
A company with technical support staff in another country mostly benefits from changes to regulations because regulation and compliance requirements affects businesses particularly during the phase of startup. For example developed economies have very stringent data protection laws which could be expensive to implement but you can choose a developing country with lax data protection laws to avoid certain expenses.