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Arada [10]
3 years ago
6

Minimum-wage laws can keep wagesa.a) above equilibrium and cause a surplus of labor.b) above equilibrium and cause a shortage of

labor.c) below equilibrium and cause a surplus of labor.d) below equilibrium and cause a shortage of labor.
Business
1 answer:
Airida [17]3 years ago
4 0

Answer:

The correct answer is option a.

Explanation:

Minimum wages can be defined as the minimum level of wages that an employer is supposed to pay to workers for their work. It cannot be reduced through an individual contract or collective agreement.  

Minimum wages are fixed above the equilibrium level of wages. At this level, the demand for labor is lower while supply is more because of high wages. This creates surplus labor in the market.  

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Na Li is a South Asian immigrant in New Jersey who was divorced by her husband after 34 years of marriage. She can proficiently
klasskru [66]

Answer: Permanent Alimony

Explanation:

A permanent alimony is a legally backed payment form, which involves a higher earning spouse to periodically send funds to their divorced spouse as long as they live. This is done to support the other spouse especially when they find it hard to earn a living as a result limitations given to them by spouse.

Na Li's husband would be required to permanently pay alimony to her because she would be unable to earn a living due to her inability to speak and understand English and lack of employable skills.

5 0
3 years ago
Interview any local business owner and request him/her to identify any business problem that they are experiencing. Apply the De
patriot [66]
Let us first define Delphi Technique, it a method of forecasting and a decision was made after the collaboration of ideas between the group. One common problem in a business is the "improper or not enough monitoring of cash flow". 
We can apply Delphi Technique on this issue in which members will discuss and come up a common idea to resolve this, it is brainstorming activity. One possible solution is the business may need a certified accountant.  
5 0
4 years ago
Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
SVETLANKA909090 [29]

Answer:

d. 1.0.

Explanation:

Four-firm concentration ratio is the ratio of the sales of the four largest firms in the industry relative to total industry sales. In industry B total sales is of $10 million and the top four combined have total sales of $10 million

Therefore, the four firm concentration ratio = $10 million/ $10 million = 1

Therefore correct answer is option B i.e. 1.0

7 0
4 years ago
Croissants Corporation and Donuts Company transfer their assets to Edibles Inc., which manages the assets and distributes the pr
sergejj [24]

Answer:

Edibles Inc.

This arrangement whereby Croissants Corporation and Donuts Company transfer their assets to Edibles Inc. is called:

d. a business trust.

Explanation:

Edibles Inc., as a trustee, carries out business transactions on behalf of Croissants Corporation and Donuts Company, who are regarded as the trust's members (or beneficiaries).  It is a formal structure that safeguards an entity's assets against creditors and ensures that the business is professionally run in line with accepted practices.

5 0
3 years ago
Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied
pishuonlain [190]

Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

Learn more about Isolation mechanisms here:

brainly.com/question/15095207

#SPJ4

7 0
2 years ago
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