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denis23 [38]
3 years ago
13

Beth is a college student looking for summer employment. She has two options. Firm X is employing lifeguards to patrol the beach

es at an exclusive resort in Cancun, Mexico, while Firm Y offers her a job working in an office filing paper work and assisting with the ordering of office supplies. Given this information,A) Firm X may pay a wage that is higher than that of Firm Y because the work at Firm X is not very interesting.
B) Firm X may pay a wage that is lower than that of Firm Y because the job at Firm X has more desirable working conditions.
C) Firm Y will pay a wage that is higher than that of Firm X because more individuals will apply for jobs at Firm Y.
D) none of the above
Business
1 answer:
ki77a [65]3 years ago
3 0

Answer:

A) Firm X may pay a wage that is higher than that of Firm Y because the work at Firm X is not very interesting.

Explanation:

The Firm X is employing life guards for beach resorts in Cancun. The job of lifeguard requires more skills and efficiency. The job of life guard has undesirable features which make Firm X to pay more for the job of life guard. The Firm Y is offering a office job with simple paper filing work. Many candidates will apply for this job which makes Firm Y to offer low wage.

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3 0
2 years ago
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Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade s
butalik [34]

Answer: balance of trade surplus

Explanation:

Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.

Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.

7 0
3 years ago
In what ways do goals and objectives help managers control the organization?
Elis [28]
Setting goals and objectives provides the guidance and direction, Motivates and inspires the employees, Facilitates planning and also helps organizations evaluate and controls the performance.
6 0
3 years ago
Waterway has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3800 units, Waterway used 7350 hours of labo
Vadim26 [7]

Answer:

Direct labor time (efficiency) variance= $3,000 favorable

Explanation:

Giving the following information:

Standard= 2 hours of labor per unit, at $12 per hour.

In producing 3800 units, Waterway used 7350 hours of labor.

<u>To calculate the direct labor quantity variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 2*3,800= 7,600 hours

Direct labor time (efficiency) variance= (7,600 - 7,350)*12

Direct labor time (efficiency) variance= $3,000 favorable

7 0
3 years ago
If in the short run, firms in monopolistic competition _________, new firms will enter the market.
alukav5142 [94]

If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.

A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.

Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.

To learn more about Firm here

brainly.com/question/15968468

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2 years ago
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