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ddd [48]
3 years ago
9

What is likely to happen to the labor market equilibrium for firemen as building codes change to require firewalls and sprinkler

s to be included in all new construction
Business
1 answer:
olya-2409 [2.1K]3 years ago
7 0

Answer:

The number of firemen employed will decrease while the wage of firemen will decrease

Explanation:

In an economy when there is an alternative or substitute that enters the market it results in reduction of demand for that product because some consumers will go for the other good.

In this scenario where building codes change to require firewalls and sprinklers to be included in all new construction, there will be a reduction in the demand for firemen. So number of firemen employed will be less.

This is because there is an alternative to using firemen now (firewalls and sprinklers).

Supply of firemen will remain the same, so more people are now competing for less jobs.

They will be more willing to take less wages than before so wages will reduce.

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The resources (like time and energy) that are used in making an exchange.
Brilliant_brown [7]

Answer:

Transaction Costs is the correct answer.

Explanation:

5 0
3 years ago
Employees read scientific research studies and attend expert presentations to identify the training and nutrition protocols most
OleMash [197]

Answer:

A) Intuitive - Thinking

Explanation:

It is an intuitive problem-solving style because the employees are first absorbing information by reading the scientific papers, and afterwards, they go through a cognitive process in which new information and old information are related in order to reach new conclusions. This is the congnitive process that intuitives follow.

It is a thinking problem-solving style because the conclusions are now put into an orderly format: guidelines, programs, etc. Besides, the employees employ measuring techniques to evaluate the effectiveness of the programs. This kind of detailed, scientific approached is how thinkers go about solving tasks.

3 0
3 years ago
Derst Inc. sells a particular textbook for $22. Variable expenses are $13 per book. At the current volume of 51,000 books sold p
Solnce55 [7]

Answer:

None of the choice is correct;  The correct answer is $459,000

Explanation:

The company is just breaking even at current volume of 51,000 books sold per year, then its revenue = total cost

↔ unit sold * selling price = fixed cost + unit sold * variable cost

↔  51,000 * $22 = fixed cost + 51,000 * $13

↔ Fixed cost = $1,122,000 - $663,000

↔ Fixed cost = $459,000

4 0
3 years ago
Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on
earnstyle [38]

.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach

This is further explained below.

<h3>What is a proactive type of approach?</h3>

Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.

In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach

Read more about the proactive type of approach

brainly.com/question/18762497

#SPJ1

6 0
2 years ago
Which of the following is an example of a non-profit organization?
never [62]

Answer: Salvation army

Explanation: Non profit organisations are those organisation, which perform their operation with the objective of social welfare or charity.

Salvation army is a charitable organisation having more than 1.7 million members all over the world, whom they refer to as soldiers. This organisation mainly serves to the poor and hungry.

Thus, we can conclude that the right option is D.

4 0
3 years ago
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