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3 years ago

Suppose the world price of cotton falls substantially.

Business

1 answer:

Crazy boy [7]3 years ago

4 0

Answer:

(A) Decrease

(B) Increase

Explanation:

An decrease in the price of cotton will cause all the cotton producing firms to put Strategies in place that will help them to cut the costs of operations which will include the REDUCTION OF THE MANPOWER OR WORKFORCE.

When the price of raw materials or inputs used in the production processes of a given product reduces, IT WILL ENABLE THE COMPANY TO WANT TO INCREASE ITS PRODUCTION CAPACITY WHICH WILL ALSO INVOLVED AN INCREASE IN MANPOWER OR WORKFORCE.

Frictional Unemployment is a type of Unemployment caused by seasonal changes such as reduced demand, reduced price of products etc or people changing jobs due to certain factors.

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Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages betwe

Mademuasel [1]

Construction work is much riskier than working as a server at a restaurant. as a result, we'd expect a difference in wages between the two jobs, the difference is known as a compensating differential. Thus, option B is correct.

<h3>What is Construction work? </h3>

Construction is work where people build buildings, apartments, homes, and bridges which includes demolishing, creating, and constructing. A plan is led out for the structure that is to be made.

Compensating differentials is a difference in pay between two jobs. it is often done because there is risk involved, more work to do, or attracting employees. Therefore, option B is the correct option.

Learn more about Construction work, here:

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The question is incomplete, the options will be:

a. An efficiency wages.

b. A compensating differential.

c. A wage adjustment.

d. A minimum wage.

7 0

1 year ago

Two eastern European countries formed a free trade agreement. As a result, one of the countries that used to produce its own pla

Aleonysh [2.5K]

Answer:

Trade creation

Explanation:

Trade creation is the process where there is increase in economics welfare as a result of joining a free trade area for example a customs Union.

Consumption experiences a shift from high cost producers to low cost producers causing expansion in trade.

In the given instance due to formation of free trade agreement, high cost plastic production is now replaced with low cost import of plastics from the other company.

There is a shift from high cost producers to low cost producers as a result of trade agreement between the two nations.

3 0

3 years ago

The income statement for the year 2018 of Fugazi Co. contains the following information: Revenues $70000 Expenses: Salaries and

olga_2 [115]

Answer:

Explanation:

incorrect answer

a credit balance of $7500

correct answer

a debit balance of $7500.

6 0

3 years ago

Read 2 more answers

Spending more money on homes and making the home environment pleasurable is a result of which consumer buyer behavior trend?

allochka39001 [22]

<span>This behavior trend where a consumer spends money on homes to make it pleasurable environment is called as cocooning. Cocooning means staying in a protective and comfortable way or place. It even means hiding yourself from real world which may not always be a ideal place.</span>

3 0

3 years ago

Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out

Andreyy89

Answer:

Getting a work-study job

Working at an on-campus job

Explanation:

The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.

A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.

The other option for Matt is to work at an on-campus job. This is almost the same as a work-study job because it is a part-time job and carried out only in his free time. It is a part-time job done by students in the university while studying to help their financial needs. The only difference with the work-study job is that the job here will only be done on campus, unlike work-study job which can be done outside the campus. Here Matt will have to get a part-time job on campus and not outside the campus.

7 0

3 years ago

Read 2 more answers