Answer: A minimum wage set above the equilibrium wage will create a surplus of labor. The reason for this is that when the minimum wage is set about the equilibrium wage, the quantity of labor demanded will form, as firms will desire to hire less labor at higher rates. For eg if the equilibrium wage level is $10 per hour and a firm hires 2000 workers at that rate, if a minimum wage of $12 per is enforced the same firm might be willing to hire only 1800 workers at that rate and this will create a surplus of labor.
Explanation:
Answer: $125,000
Explanation: In simple words, owner's equity refers to the funds that are contributed by the owners of the capital for effectively conduction the operations of the business.
Any profit that the organisation made during a year is treated as a return to the capital and is added to the initial capital while drawing from the capital results in decrease in the available fund for operations.
Hence the year end balance of the capital in given case is, $1000,000 + $50,000 - $25,000 = $ 125,000
Answer:
b) technological advancements
Explanation:
Manufacturing automation and office automation are examples of technological advancements that are forces for change outside the....
Automation of manufacturing and office entails the use of technology in place of traditional means. Advancement in technology has made enterprises shift from traditional means of production to technology, which enhances efficiency and improves productivity.
Answer:
CO-BRANDING
Explanation:
Also known as brand partnership, it is a marketing strategy that incorporates multiple brands on a good or service. It involves the brands of at least 2 organisations. Just like the Lexus and coach described above.
As long as you have no dependents
1040EZ is the simplified tax paying form made by IRS. In order to use it you juts have to select your tax filling status and enter some details for your tax counting.
But if you have a dependent ( like a spouse who claimed that you should pay for your child's education fund) , you can not use 1040EZ
