Answer:
supply.
Explanation:
Supply is the volume or quantity of a product that is available for customers to buy. It is what suppliers have presented in the markets for sale. As per the supply law, an increase in prices will lead to an increase in the quantity supplied.
There can be a shortage, excess, or equilibrium supply. A short supply or shortage is when the available products cannot meet the current market demand. An excess or surplus supply is when the available quantity is more than the market requires. At equilibrium, the supply matches the market demand.
Answer:
D. base an employee's salary on the number of task skills he or she possesses.
Explanation:
Pay for knowledge programme as the name implies, is when an employer renumerate an employee for learning or developing new skills/task on the job.
If an employee develop new skills while working and then get renumerated, this will make the employee get himself or herself acquainted with the company. In order words, the employee will go out of his way to improve his efficiency in terms of increase in productivity due to the new task skill gained.
In this reward system, the employer rewards the employee with payment increase for leaning new task and skills on the job which is beyond their regular activity.
Answer: $724.35
Explanation: Stacy worked 46 hours in total in her work week. Normally any amount of hours above 40 hours is considered to overtime hours. This means she worked a total of 6 hours (46 - 40 = 6) as overtime.The special half rate apply on these overtime hours.
Calculating the special half rate on the overtime is as follows:
Total salary: $680
Hours workered: 46
Therefore pay per hour= 680 ÷ 46 = $14.78
Apply half rate: 14.78 × 0.5 = $7.39 per hour
Total overtime: 7.39 × 6 hours = $44.35
Total gross salary: 680 + 44.35 = $724.35
Answer:
Standard-cycle markets
Explanation:
Standard-cycle market is a type of market whereby companies, in a bid to stand out among its competitors and ensure they command a large market share, create a niche for themselves. By so doing, they design brand names that give them a competitive advantage over their competitors, making it difficult for their competitors to imitate their design.
A standard-cycle market is most operative when there are many competitors serving a large target market.
Competitive actions and responses are in a standard-cycle market are focused on secure large market shares among several competitors, while relying majorly on competitive advantage over the other competitors, in order to remain competitive.