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lidiya [134]
3 years ago
5

If adult workers and teenagers are complements, the elimination of the minimum wage for teenage workers would cause the demand f

or adult workers to:
Business
1 answer:
Over [174]3 years ago
8 0

Answer:

Increase

Explanation:

The elimination of minimum wage, means that the wage or "price" for teenage workers will decrease.

Next we can use the information that both type of workers are complements. Remembering that two goods are complements if the cross price elasticity is negative. This means that if the price of one good decreases the demand for the other will increase.

Since the price for teenage workers decreased by the elimination of minimum wage that will make the demand for adult workers to increase.

You might be interested in
11. Which of the following reports the cash inflows, cash outflows, and change in cash for a period?
viva [34]

Answer:

The statement of cashflow.

The correct answer is C

Explanation:

The statement of cashflow reports the cash inflows, cash outflows and change in cash for a period. It shows cashflow from operating activities, cash flow from investing activities and cashflow from financing activities.

5 0
3 years ago
Rocky Mountain Corporation makes two types of hiking boots—Xactive and Pathbreaker. Data concerning these two product lines appe
insens350 [35]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,634,000 / 86,000

Predetermined manufacturing overhead rate= $19 per direct labor hour

<u>Now, we can allocate overhead to each unitary product:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Xactive= 19*1.4= $26.6

Pathbreaker= 19*1= $19

<u>Finally, the unitary cost of each product:</u>

Xactive= 63.8 + 17.2 + 26.6= $107.6

Pathbreaker= 50 + 12 + 19= $81

6 0
3 years ago
A monopolist is a _______________ and a monopolistic competitor is ______________________. Group of answer choices price searche
Fiesta28 [93]

Answer:

The correct answer is a) price searcher; also a price searcher.

Explanation:

In the market there are situations known as monopoly where a person or a group of people have control in the market, these people are known as monopolists, and they usually have power in a specific market.

The monopolists are characterized by the dominance of the price and of the products to put it in a market for their potential clients, these are the ones in charge of putting their prices on the products to be competitors before the competition. Likewise, there is a monopoly competitor, who also seeks the best prices to help them be competitive in the market, many monopolists compete with similar products and different prices.

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<em>I hope this information can help you.</em>

3 0
3 years ago
Venture capital firms are ________ of money managers who raise money in "funds" to invest in startups and growing firms.
Artist 52 [7]

Answer:

Limited partnerships

Explanation:

They are limited partnerships because some of the partners only contribute financially and have liability only to the amount of their investments.

Venture capital firms provides funding for startups or companies in their early stages that they think have high growth prospects or have shown great prospects.

8 0
2 years ago
Task H has duration of 5 days, an early start of 25 days, an early finish of 30 days, a late start of 25 days, and a late finish
alekssr [168]

Task H has a duration of 5 days, an early start of 25 days, an early finish of 30 days, a late start of 20 days, and a late finish of 30 days. There are <u>zero </u>days of slack for task H.

In other words, the calculation process begins by placing zero in the early start (ES) position of the first activity. The rest of the calculations continue using the formula: Early start = maximum (or highest) EF value of previous predecessor Early end = ES + period.

Formula to calculate early start and early finish dates:

early start of activity = early finish of previous activity + 1.

early finish of activity = duration of activity + early start of activity – 1.

Learn more about calculating early start time here: brainly.com/question/14980449

#SPJ4

4 0
1 year ago
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