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2 years ago

According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?

Business

2 answers:

Serhud [2]2 years ago

7 0

Answer:

Wages for a particular group will be highest when demand is high, and supply is low

<u>Explanation:</u>

The market theory of wage determination is the hypothesis that payments that are, the cost of work, are resolved like all costs by the organic market. Along these lines, when laborers sell their work, the value they can charge is mostly impacted by Supply the number of laborers accessible and demand number of laborers required.

When businesses can not discover enough specialists to address their issues, they will continue raising their pay offers until more laborers are pulled in. When laborers are in wealth, at that point, wages will fall until the surplus work chooses to go somewhere else looking for employment.

Scrat [10]2 years ago

6 0

Answer:

The answer is C

Explanation:

When all things are equal.

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During September, the capital expenditure budget indicates a $280,000 purchase ofequipment. The ending September cash balance fr

Mariulka [41]

Answer:

$260000

Explanation:

$280k purchase equiment >> Outflow of cash

$40,000>> Operative Cash >> Inflow Cash

$260k >> cash loan in order to achieve balance

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$20000 >> Cash balance

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2 years ago

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1 year ago

A fixed asset with a five-year estimated useful life and no scrap value is sold at the end of the second year of its useful life

JulsSmile [24]

Answer:

B) A gain would be less or a loss would be greater using straight-line depreciation.

Explanation:

In straight line method of depreciation there is a fixed amount of depreciation, and in double declining method the rate is double of straight line method,

Let us take an example,

Cost of asset = $500,000

Selling price at end of 2nd year = $300,000

Straight line depreciation = $100,000 for each year i.e. $500,000/5

Double declining method rate = ($100,000/$500,000) $\times$ 100 $\times$ 2 = 40%

Therefore value at end of second year

Straight line = $500,000 - ($100,000 $\times$ 2 ) = $300,000

Double Declining method = ($500,000 -40%) - 40% = $180,000

In case of sale at $300,000

Profit shall be

Straight line = $300,000 - $300,000 = 0

Double Declining = $300,000 - $180,000 = $120,000

Now, there will be more profit in double declining that is gain is less in straight line and losses would be greater in straight line thus statement B is correct.

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2 years ago

Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something

dezoksy [38]

Answer:

Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.

The marketing mix consists of:

- Product

- Price

- Place

- Promotion.

The above are usually called the 4Ps of marketing.

Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.

This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.

Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.

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2 years ago

Which phrase best describes a capital gain? an increase in the amount of capital a firm uses in production an increase in the va

rewona [7]

Answer:

An increase in the value of an asset

A portion of profits paid back to shareholders

Explanation:

Capital gain can be defined as a rise in the value of a capital asset (which could be investment or real estate) that facilitates a higher worth than the original purchasing price.

Dividend can be defined as a distribution of profits by a certain corporation to its shareholders.

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2 years ago