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
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:

You might be interested in
In Brooklyn, New York, a pharmacy technician works in a neighborhood with many ethnicities. Many people are direct descendents o
Kay [80]

Answer:

A difference in languages between the parties

Explanation:

If the people are different ethnicities like, Russian, Polish, and Hebrew, they most likely do not speak the same language as each other or as the pharmacy technician.

6 0
3 years ago
Vincenzo Martin and Sasha Boudrakis have started a new firm, The Fan Base. Vincenzo is a well-known marketing guru who advises m
Ugo [173]

Answer: limited partnership

Explanation:

With the description given in the question, the The Fan Base is organized as a limited partnership. A limited partnership has a general partner, whom has an unlimited liability and a limited partner.

A limited partnership is when two or more partners go into business together, and in this case, the limited partners will be liable only up to the amount that they invested in the business.

6 0
3 years ago
If you have a credit card limit of $1,000, you should never carry a balance of more than $800 T/F
borishaifa [10]
The answer would be true
7 0
4 years ago
The assets for BIZZ0 in 2018 were $187,300; the liabilities for that year were $275,600; and the net income was $17,700. What wa
Leto [7]

Answer: 9.45%

Explanation:

From the question, we are informed that the assets for BIZZ0 in 2018 were $187,300, the liabilities for that year were $275,600; and the net income was $17,700.

The return on income for the year will be:

= ( Net Income / Total Assets ) × 100

= ($17,700 / $187,300) × 100

= 0.0945

= 9.45%

8 0
3 years ago
What is the maximum amount you will have to pay out of pocket for a car accident before your insurance covers your costs
Serga [27]
I guess it depends of the cost
6 0
3 years ago
Other questions:
  • On March 31, 2021, Southwest Gas leased equipment from a supplier and agreed to pay $350,000 annually for 15 years beginning Mar
    13·1 answer
  • Why is it important for managers to pay close attention to their organization’s production system if they wish to be responsive
    5·1 answer
  • On the first day of its fiscal year, Chin Company issued $10,000,000 of five-year, 7% bonds to finance its operations of produci
    13·1 answer
  • What are some of the difficulties in measuring innate capacity and in measuring developed performance?
    13·1 answer
  • Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly fro
    9·2 answers
  • Monica is interested in changing careers, and she needs to find a job Web site that lists careers from all industries. What type
    9·2 answers
  • Condensed financial data of Monty Company for 2020 and 2019 are presented below.
    8·1 answer
  • An adjusting entry was made on year-end December 31 to accrue salary expense of $3,000. Assuming the company does not prepare re
    13·1 answer
  • Standards for the Code of Ethics for Market Intelligence Professionals includes to manipulate the data as the researcher sees fi
    9·1 answer
  • List three professionals other than lawyers that can handle some legal matters for you.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!