The answer is, larger; downward.
- Other things being equal, a larger supply of workers tends to put downward pressure on real wages.
<h3>How do wage increases affect the demand for and supply of labor?</h3>
- The quantity of work required will alter in response to changes in pay or salary.
- Employers will want to hire fewer workers if the pay rate rises.
- There will be a reduction in the amount of labor requested and an upward shift in the demand curve.
<h3>What causes wage increase?</h3>
- There are several reasons why employers may decide to raise salaries.
- An increase in the minimum wage is the most frequent justification for wage increases.
- The minimum wage can be raised by both the federal and state governments.
- Companies that manufacture consumer items are also renowned for giving their employees small pay raises.
<h3>How does wage increase affect supply?</h3>
- The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
- The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.
Learn more about real wages here:
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Answer:
b.
Explanation:
Based on the scenario being described within the question it can be said that this is an example of strategies to improve customer responsiveness and innovation. Which is what the training class is providing by teaching the managers these skills they will be able to better communicate with customers is a wide range of circumstances, thus increasing customer responsiveness.
<span>Ctrl+End
Although this is actually a shortcut method in excel for accomplishing the task in the above named question, there is no other direct methods for selecting the last set of data one is working with in Microsoft excel.</span>
A. A<span>n individual who pretends to be a customer to help a company test its offerings a detailed description of a typical, but fictional customer</span>
Answer:
Net present value of this expansion project is 8234.
Explanation:
To get the net present value, we make a cash-flow in excel. See document attached.
At moment 0 the investment is =$(92.700), also we consider the working capital =(6.600)
Moment 1 to 6 = $26.900
We calculate the Net cash flow (that is the difference between benefits and cost).
To get net present value, we use VNA formula. ( =VNA(required rate of return; Net cash flow from moment 0 to moment 6) +Net cash flow at moment 0)
Net present value is 8234
