Answer:
The elasticity of labor is elastic (low elastic).
Explanation:
The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.
They do it by calculating the interest payments I believe. Hope this helped.
Me!!! totally down. i’m sooo bored
Answer:
$113.0
Explanation:
A. Cost of material (M):
B. Cost of Labor (L):
C. Manufacturing overhead (O):
D. Selling and administrative expense (S):
Those should not be included in the product cost.
Total cost per unit is:
The unit product cost is closest to: $113.00.
Answer:
A.
Explanation:
This quote reflects the principle of investing that Higher risk usually offers a higher potential return. Savings accounts are probably the safest investments that an individual can make, where they hold their money in this account and the bank ensures this account while also providing interest on the amount held. This interest that is gained is extremely small and usually wouldn't even cover the average annual inflation rate. The average interest on these accounts is between 0.01% to 0.35% APY. Riskier investments have a much higher potential return from 7% APY to potentially above 100% APY.
