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rjkz [21]
3 years ago
14

Consider two labor markets. In the first, the elasticity of supply is relatively elastic, while it is relatively inelastic in th

e latter. Imposing a minimum wage in each market would result in ________ unemployment in the first market and ________ unemployment in the second.a. lower; lowerb. higher; higherc. unchanged; unchangedd. lower; highere. higher; lower
Business
1 answer:
Taya2010 [7]3 years ago
7 0
What are the choices?
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The ability to meet short-term obligations and to efficiently generate revenues is called:________.
Dafna1 [17]

The ability to meet short-term obligations and efficiently generate revenues is called Liquidity.

Liquidity is the ease or speed with which money can be raised to meet short-term financial responsibilities such as paying bills. Stocks and bonds, as well as other easily tradable assets, are regarded as liquid assets.  

A company's liquidity can be determined by how well it can meet its short-term obligations, particularly those that are due in less than a year. What the business owes in comparison to what it owns is typically represented as a ratio or percentage. You can gain insight into the company's financial situation by using these metrics.

The liquidity status of a business is primarily affected by two factors. The first factor is its capacity to transform assets into cash to cover its present liabilities (short-term liquidity). Its debt-carrying capability is the second.

To learn more about Liquidity refer to:

brainly.com/question/13646882

#SPJ4

5 0
1 year ago
Ramort Company reports the following cost data for its single product. The company regularly sells 21,500 units of its product a
Fittoniya [83]

Answer:

Gross margin= $744,760

Explanation:

<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary fixed overhead= 52,900 / 21,500= $2.46

Total unitary production cost= 10.3 + 12.3 + 3.3 + 2.46= $28.36

<u>Now, the gross margin:</u>

Gross margin= sales - COGS

Gross margin= 21,500*63 - 21,500*(28.36)

Gross margin= $744,760

7 0
3 years ago
Which of the following options is a challenge to the sustainability of strategically implementing an information​ system? A. Man
Ludmilka [50]

Answer:

D. Customers and suppliers willing to learn and evolve with new technology

Explanation:

In an implementation of any new IT system, the resistance to adoption from different stakeholders in the organizations is one of the most difficult challenges that is faced by the project managers. To overcome this resistance, the project manager needs to be accustomed to the basic principles of change management which involves:

1 - Designing incentive systems that forces all the stakeholders to adopt the new system.

2- Manage proper communication strategy that conveys the benefits of adopting the new system and conduct training for all the users.

However, there will still be resistance from certain suppliers and customers  to the adoption of the new system. Which can lead to failed implementation of the system. However by doing the following, any organization can make sure that customers and suppliers quickly become an integral part of the IT system:

1- Take feedback from the customers and suppliers so that not only a more user friendly system can be designed, but also customers will be more invested as they feel they have been part of the decision making process.

2- Invite customers and suppliers to use the company resources to make themselves accustomed to the new system.

3 0
3 years ago
Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $52. Limit Buy
nekit [7.7K]

Answer:

$52.25

Explanation:

From the question given, thus saying if a market buy order for 100 shares comes in, at what price will it be filled.

(a) The price it will be filled is at  $52.25

The Reason is that,the buy-market order will be filled at the price $52.25, the best value price of the sell limit orders in the book.

8 0
3 years ago
Which of the following is absolutely necessary for successful implementation and operation of MRP? (I) accurate inventory record
frez [133]

Answer:

(A) I, II, and IV only

Explanation:

The Material Requirements Planning MRP is used to calculate tha materials needed for production. It may be done by software but it can be done without any technological tool.

The most important information for MRP is about the available inventory for future production, in this way the company will know what materials are needed for future production. To provide the materials on time it is necessary to know the master schedules of production, making sure that the supplies will be ready on time for manufacturing process. Finally, the accurate Bills of materials are used as a check list to verify that there is not any pending component for the production process. Even when the MRP may include costs, it is not a vital component for the system and some companies can have MRP without including costs.

4 0
3 years ago
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