Answer:
Dan is the "supplier" of the funds
Explanation:
Given their willingness to lend their money, savers in this marketplace are on the supply side of the economy.
What is the loanable fund market?
The market that connects savers and borrowers is the loanable funds market.
Model of the market for loanable money
To make what occurs in the economy when borrowers and savers interact more understandable, the loanable funds market model is utilized. A modification to the market model for commodities and services is the market model for loanable funds. In this hypothetical scenario, the exchange of money takes the place of a good and the interest rate replaces the price. In essence, it describes how loans are made and borrowed money is exchanged between borrowers and lenders.
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Answer:
d. increases the earnings of some low-skill workers while reducing the employment and training opportunities available to others.
Explanation:
Minimum wage is a form of price floor. It is the lowest amount that should be paid to labour for their services rendered. It is usually set by the government or an agency of government.
Minimum wage causes supply of Labour to exceed demand for Labour. Firms would demand less of Labour because of higher cost of Labour. Decreased demand for Labour would increase unemployment.
Minimum wage isn't a price ceiling but a price floor.
Minimum wage increases the income of Labour.
Answer:
Cost per equivalent unit for conversion costs for the month = $8.262
Explanation:
The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.
To determine the cost per equivalent units using Weighted Average Method, follow the steps below:
<em>Step 1: Determine the equivalent Unit</em>
Completed units = 25000+ 97000- 28000 = 94000
Workings Equiva. Units
Completed units 94000 (94000 *100%) = 94,000
Closing WIP 28000 (28,000 * 10%) = 2,800
Total Equivalent units 96,800.00
<em>Step 2 : calculate total conversion cost </em>
= 51820+747970= 799,790.00
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<em>Step 3 = Cost per Equivalent unit per conversion cost</em>
Cost per unit = Total conversion cost/total Equivalent units
= 799,790.00 / 96,800.00
= $8.262
Cost per equivalent unit for conversion costs for the month = $8.262
Answer:
<u>Definition:</u> Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.
To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.
<u>Example:</u> Starbucks has long been known for its keen sense of corporate social responsibility and commitment to sustainability and community welfare. According to the company, Starbucks has achieved many of its CSR milestones since it opened its doors. According to its 2019 Global Social Impact Report, these milestones include reaching 99% of ethically sourced coffee, creating a global network of farmers, pioneering green building throughout its stores, contributing millions of hours of community service, and creating a groundbreaking college program for its partner/employees.
Starbucks' goals for 2020 and beyond include hiring 10,000 refugees, reducing the environmental impact of its cups, and engaging its employees in environmental leadership. Today there are many socially responsible companies whose brands are known for their CSR programs, such as Ben & Jerry's ice cream and Everlane, a clothing retailer.
Explanation:
Answer:
c. democratic
Explanation:
Democratic leadership can also be called participative leadership in this kind of leadership the leader deligates duties just like what Gary Downs did in other to find solution to a problem.
