1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semenov [28]
3 years ago
6

How pay for workers is determined?

Business
1 answer:
bogdanovich [222]3 years ago
3 0
According to most economics textbooks, our wages are determined just like any other price: by supply and demand. People supply their labor, and companies demand it, creating a market for labor.

I hope this answer helps you :D

And have a great day!
You might be interested in
Question 3 of 10
Stels [109]

Answer:

underrepresented student scholarship.

7 0
2 years ago
Read 2 more answers
​Wellness, a healthy living​ magazine, collected in subscription revenue on May 31. Each subscriber will receive an issue of the
PIT_PIT [208]

Answer: $220,000

Explanation:

Using the Accrual Method of Accounting means that revenue is only to be recorded when it is earned i.e. when services have been delivered.

Any revenue received when the services have not been delivered will be recorded as Unearned Revenue.

With $528,000 in subscription revenue, the monthly subscription is;

= 528,000/12

= $44,000

From June to December would be 7 months so they would have earned;

= 44,000 * 7

= $308,000

The amount that they have not earned but have received would therefore be;

= 528,000 - 308,000

= $220,000

<em>This amount will be recorded after they finish deliveries of magazines in next year May. </em>

7 0
3 years ago
It is likely that airplane tickets will be increased by 5% each year for the next four years. The cost of the plane ticket to De
Luba_88 [7]

Answer:

The amount to save now is = $862.03 (to 2 decimal places)

Explanation:

In order to solve this, we will compute the end-of-year amounts using the 5% increase each year. This is done as follows:

Year 1 ending = $200

Year 2:

Year 2 beginning price = $200

Note that 5% increase = 5/100 = 0.05

increase in year 2 = 5% of 200 = 0.05 × 200 = 10

Year 2 new price = 200 + 10 = $210

Year 3:

beginning price = $210

increase in year 3 = 0.05 × 210 = $10.5

Year 3 new price = 210 + 10.5 = $220.5

Year 4

beginning price = $220.5

interest in year 4 = 0.05 × 220.5 = 11.025

new price in year 4 = 220.5 + 11.025 = $231.525

Next to calculate the amount needed to pay for one travel ticket per year for the next four years, we will add the prices of the tickets each year as follows:

Total amounts needed = 200 +210 + 220.50 + 231.53 = $862.03

5 0
3 years ago
In July 2012, a small chocolate factory receives a large order for chocolate bars to be delivered in November. The spot price fo
Anettt [7]

Answer:

$24,530, $23,530

Explanation:

Incomplete word <em>"and if the spot price in September proves to be $2,300."</em>

<em />

Note that Call options will be exercised only if the price on expiry is greater than strike price

Strike price = $2400

Premium paid = $53 for each contract, so the total premium paid = $530 for 10 contracts

<u>CASE 1</u>

Price = $2600

As price on expiry=2600 > Strike price=2400

Call option will be exercised.

Company will pay = $2400 * 10+530 = $24,530

<u>CASE 2</u>

Price = $2300

As price on expiry=2300 < Strike price=2400

Call option will not be exercised and will purchase from open market

Company will pay = $2300 * 10+530 = $23,530

4 0
2 years ago
All of the following statements represent accurate responses to the manager’s list of guidelines for the development of an effec
Jet001 [13]
The answer is e the budget and expected return from Smm initiative should be discussed in the body of the pelan
5 0
3 years ago
Other questions:
  • Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
    7·1 answer
  • The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a s
    7·1 answer
  • The Wax Works sells 400 candles at a price of​ $6 per candle. The Wax​ Works' total costs for producing 400 candles are​ $2500.
    12·1 answer
  • Please help!!!
    6·1 answer
  • Matching is:________.
    6·1 answer
  • Saving and loans associations are not subject to federal regulations
    5·1 answer
  • You are delivering your salary and benefits proposals for employees in your department to your supervisor. What is the best comm
    9·1 answer
  • Out of state seller sold a property for $489,000. The property was highly leveraged resulting in cash proceeds to the seller of
    6·1 answer
  • How does paying the minimum on a credit card hurt?
    5·1 answer
  • Camden Biotechnology began operations in September 2013. The following selected transactions relate to liabilities of the compan
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!