Answer:
there will be fewer labor hours purchased by employers than at the equilibrium wage. none of the above
Explanation:
Equilibrium in economics means balance. Equilibrium wage rate refers to the market wage rate where the quantity of labor supplied matches the labor demanded. It is the wage rate that employers are willing to pay, and workers are ready to accept each hour of labor. The equilibrium wage represents the intersection of labor demand and supply curves.
If the wage is set above the equilibrium rate, it will force employers to pay more than they are willing. Employers will be paying more to workers than the value they are receiving. The hiring of many workers will be uneconomical. Employers will hire fewer workers to keep their costs down.
Answer:
B. $60,000
Explanation:
4 office units x $ 2,500 per month x 12 months = 120,000
Vanccy and collection losses 15%
120,000 x 15% = 18,000
Then operating expenses for $ 42,000
The capital expenditures aren't considered expenses for the period.
120,000 - 18,000 - 42,000 = 60,000
I hope this would help...
If the company decided to offer services and benefits that doesn't focus with any specific target, there is no segmentation. This is known as u<span>ndifferentiated strategy, They tried to ignore specific target and try to appeal to the whole market. That's why for some, they call it mass marketing.
Companies use this strategy so their message will reach the largest number of consumers. This is actually a good strategy as it don't limit target audiences.</span>
Answer:
Option a= $193,000.
Explanation:
So, we are given the following parameters in the question above; 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month following sale. For the next four months, the Budgeted sales are; April budgeted sales= 120,000, May budgeted sales = $150,00, June budgeted sales = $230,000 and July budgeted sales = $170,000.
Therefore, The amount of cash that will be collected in July is budgeted to be:
(35% × 170,000) + (45% × 230,000) + (20% × 150,000).
= $193,000.
Answer:
Conceptual framework
The modern world is an OLRT (On-Line Real Time) world. The days of prolonged waiting for a report on the performance and financial position of a business are past. Time is money and time is limited. Information should be available as events occur because one event can mean the difference between success and failure.
The problem poses three questions and expects answers. The answers to all three questions are in the affirmative:
Financial information would be more useful, more relevant and more reliable in an OLRT electronic, paperless world
