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qaws [65]
3 years ago
14

g . Suppose that, as a result of a decrease in the market supply of labor, the wage rate has risen 10%. After adjusting its empl

oyment level, a firm finds its total wage bill has decreased. What does this occurrence indicate about the firm’s labor demand? Explain
Business
1 answer:
Julli [10]3 years ago
5 0

Answer:

the firm's demand for labour is elastic. the total wage bill decreased even though wage rates have increased. this indicates that the firm's demand for labour is sensitive to wages. As a result of the rise in wages, the demand for labour by the firm fell more than the rise in price. This indicates that demand is elastic

Explanation:

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It is always best to have invoices signed for approval after or before processing for payment
SVETLANKA909090 [29]

Before. Approval for payments should always take place before those payments are made. Imagine if you took your parents credit card and didn't ask for permission until after you spent money online.

8 0
3 years ago
Melissa Meadows is a marketing representative for Best Care which has recently introduced a Medicare Advantage plan offering com
castortr0y [4]

Answer:

The best advice that I would give her if her contract agreement permit her to do so is to tell her to post a tweet on her social media account by stating that Best Care offers great and different array of Medicare Advantage benefit packages. One might be of benefit for you. You can call me to find out more either through my phone number , email or by sending me a message.

Explanation:

Based on the information given about Melissa Meadows who is a marketing representative for Best Care which has Medicare Advantage plan offering comprehensive dental benefits for tha amount $15 per month, in which we were told that she would like to use the power of social media to reach potential prospects which might be interested in the Medicare Advantage plan the best advice I would give her if her contract agreement permit her to do so is to tell her to post a tweet on her social media account by stating that Best Care offers great and different array of Medicare Advantage benefit packages. One might be of benefit for you. You can call me to find out more either through my phone number , email or by sending me a message.

8 0
3 years ago
Read 2 more answers
Determine fixed​ cost, F; average variable​ cost, AVC; average​ cost, AC; marginal​ cost, MC; and average​ fixed-cost, AFC. The
Rom4ik [11]

Answer:

Fixed Cost Function = Average Cost - Average Variable cost

Explanation:

A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.

5 0
4 years ago
At work I never run out of enthusiasm
andreyandreev [35.5K]
Where do you work then
8 0
3 years ago
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One year ago, you invested $3,250.00. Today, it is worth $4,000.00. What rate of interest did you earn
mojhsa [17]

Answer:

23.08%

Explanation:

Future value =Present value*(1+r)^n

$4,000 = $3,250*(1+R)^1

$4,000 = $3,250*(1+R)

1+R = $4,000/$3,250

1+R = 1.230769

R = 1.230769 - 1

R = 0.230769

R = 23.08%

8 0
3 years ago
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