Answer:
B)The Consolidated Omnibus Budget Reconciliation Act
Explanation:
We are informed about Paige, a 64 years old who would like to retire from her job at a large accounting firm. And she is concerned about health insurance. She would not be eligible for Medicare benefits until age 65, and due to some serious health conditions, she would not be able to obtain insurance in the private market. She has good health insurance at the accounting firm and is considering putting off her retirement so that she can keep it.
In case Paige want to keep her insurance with the accounting firm until she is eligible for Medicare, The law that would likely enable is the Consolidated Omnibus Budget Reconciliation Act.
The Consolidated Omnibus Budget Reconciliation Act by U.S Congress was signed into law in 1985 by President Ronald Reagan.It enables employee of an organization to enjoy the benefits that comes with their Heath insurance even after they are not working in the organization again.
Answer:
The correct answer is does not assure the company that it will be more profitable in the future.
Explanation:
Financial statements is the one of the most important statements for the company which is prepared or made by the management of the company, it represents the financial position and the performance for a particular period.
It involves the income statements, statement of cash flows, balance sheet and statement of owner's equity.
It analysis the profit, transform the data so that can be used in decision making. But does not assure the company that it will be more profitable in the future.
Answer:
Resource Market : <u>Sellers (households)</u> sell factors of production to <u>buyers (businesses)</u>, in return of factor incomes.
Product Market : <u>Sellers (businesses)</u> sell goods & services to <u>buyers (households)</u>, in return of price expenditure for goods & services.
Explanation:
Circular flow of Income is flow of payments & receipts for goods, services & factor services between sectors (firms & households) of economy.
Households sell factors of productions i.e land, labour, capital, entrepreneur to buyers businesses . They get factor incomes i.e rent, wages, interest, profit in return from them .
Businesses sell goods & services to buyers households. Households spend factor incomes earned from supplying production factors, in paying prices for those goods & services.
Product Market : Involves flow of factor services, final products & services - from households to firms, from firms to households respectively.
Money Market : Involves flow of monetary factor payments, prices expenditure- from firms to households, from households to firms respectively
The company must: hike the factor prices to hire additional employees, a monopolist's marginal factor cost curve is above its labor supply curve.
<h3>What is a marginal factor
cost?</h3>
Marginal factor cost is the increment in the additional factor of production that leads to the increase in the one-unit amount.
It is showed in unit like the labor has worked ten per unit in the given period of time.
Thus, its labor supply curve.
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