simply demand and supply
To understand the answer it is important to understand the definition of supply and demand in the labor market in any economy. The supply and demand for labor are much like the supply and demand for any other service. Consistent with the law of demand and supply (as price rises, quantity demanded falls and quantity supplied rises.
In the graph, we can see that the impact of population is also mediated by average salary and salary structure, the higher the number of teachers the lower the salary, because the supply is high, when supply is high, demand decreases, which then affects salary, now looking at athletes population, we can see that the salary is higher, simply because the supply of atheles is low.
Will make suppliers more likely to produce steel , thus shifting the supply curve to the right
Answer:
Equivalent units for direct material = 52,700
Explanation:
Given:
Completed units = 50,000
Ending inventory = 3,600 units
Ending work in process inventory = 75% complete as to direct materials
Ending work in process inventory = 25% as to conversion costs
Equivalent units for direct material = ?
Computation of equivalent units for direct material:
Equivalent units for direct material = Completed units + [Ending inventory × 75% complete as to direct material]
Equivalent units for direct material = 50,000 + [3,600 × 75%]
Equivalent units for direct material = 50,000 + [2,700]
Equivalent units for direct material = 52,700
Answer:
correct answer is B) It will decrease.
Explanation:
we know that contribution margin ratio is express as
contribution margin ratio = ( Sales Revenue - Variable Costs ) ÷ Sales Revenue ...........................1
so here any increase in selling price increase contribution margin
and if the selling price per unit is decreases
and variable cost per unit remain same
contribution margin ratio will decrease
so here correct answer is B) It will decrease.
Answer: people oriented; effective; automatic feedback; has no effect on.
Explanation:
For a people-oriented leader, success is achieved by building a lasting relationships with ones workers. For this leader, even though the tasks are vital, he or she believes that the work culture is more vital.
Based on the analysis in the question,
Brendan’s people oriented leadership behavior is likely to be effective because automatic feedback will have no impact on this leadership behavior.
