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Delvig [45]
3 years ago
6

Adam and Bob are identical twins who attended grammar school through high school together. Adam got a job after high school, and

Bob got a job after graduating from college. Adam earns $36,000 a year, and Bob earns $69,000 a year. Select the best explanation for this wage difference.a. Adam has less human capital than Bob.b. Bob has less human capital than Adam.c. Adam has received a compensating differentiald. Adam is a member of a union.
Business
1 answer:
Alexxandr [17]3 years ago
7 0

Answer: Option A

                                         

Explanation: In simple words, human capital refers to the economic value of an individual employee to the organisation in which he or she works as based on the skill sets and experience that he she possess.

    The economic value can be created using various tools like education, training, good health or loyalty etc. Human capital is considered as an intangible asset but is not recorded in the balance sheet of the company as it cannot be quantified.

However, it is considered as the most important asset because the effective use of other resources depends on the human capital of an organisation.

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Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

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Unitary contribution margin= $8

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income=  decrease in fixed costs - decrease in contribution margin

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3 years ago
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Kazeer [188]
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SashulF [63]

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5 0
3 years ago
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The following standards for variable manufacturing overhead have been established for a company that makes only one product:
pantera1 [17]

Answer:

c $4,450 U

Explanation:

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t is often costly to obtain the information necessary to make good decisions. yet your own interests can be best served by ratio
goldenfox [79]

Answer:

The answer is below

Explanation:

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