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Sunny_sXe [5.5K]
3 years ago
9

An administrative (office) employee earns an annual salary which, when divided by total hours worked during the year, is the equ

ivalent of $6.68/hour.
a) Compliant
b) Noncompliant
Business
1 answer:
Sati [7]3 years ago
5 0

Answer: b) Noncompliant

Explanation:

This question is in relation to the compliance with minimum wage laws in the United States.

The federal minimum wage is $7.25 per hour and yet this administrative employee is earning only $6.68/hour. This company is therefore not compliant with minimum wage laws.

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Answer:

False

Explanation:

Master Production Schedule, is used to determine when the materials will be used to produce an item.

Master Production Schedule (MPS) gives a formal detail of the production plan and converts this plan into specific material and capacity requirements. The requirements with respect to labor, material and equipment are then assessed.

Master production scheduling helps keep customer delivery promises through delivering in a timely and cost-effective manner.

5 0
3 years ago
Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th
malfutka [58]
Answers are: 
<span>Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
</span><span>Producers use their resources efficiently

At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.

The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason. </span>
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3 years ago
Golden years vitamin corporation targets consumers living in florida who are over age 65. golden years is using __________ segme
aalyn [17]
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3 years ago
With ________ products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.
MatroZZZ [7]

With prestige goods and services, a higher price may, but not always, result in a higher sales volume.

<h3>What do economists mean by prestige goods?</h3>

Numerous products and services have prestige value, elevating the standing of their owners or users. Such items are referred to be prestige (or status, or positional) goods. These prestige products include things like jewelry, designer apparel, expensive homes and vehicles, and lavish entertainment.

<h3>Why is the demand curve for prestige items different?</h3>

Prestige goods may actually see an increase in demand as a result of price increases since customers perceive them to be more value. The demand curve slopes upward in certain circumstances.

To know more bout  Prestige products visit:

brainly.com/question/6374886

#SPJ4

8 0
1 year ago
A factor that most influences changes in consumer demand is
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A factor that most influences changes in consmer demand is pice makes the most senice to me good luck
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3 years ago
Read 2 more answers
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