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3 years ago

Economists generally agree that increases in the minimum wage increase employment.a. TRUEb. FALSE

Business

1 answer:

andreyandreev [35.5K]3 years ago

5 0

Answer:

b. FALSE

Explanation:

Economists do not have a unanimous consensus that an increase in the minimum wage will cause greater employment opportunities. In fact, the opposite is the case because research shows that when the minimum wage is increased, there is less demand for low-skill workers. Given that these firms would be paying more, they would want to only employ those that have a high-skill set and thus save their organization of some funds. Since businesses are not charity organizations, they must make decisions that will benefit them.

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The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin'

dusya [7]

Answer:

Contribution margin per unit= $7.5

Explanation:

Giving the following information:

Each radio sells for $23.75 and the variable cost per unit is $16.25.

The contribution margin is the difference between the selling price and the unitary variable cost:

Contribution margin= selling price - unitary variable cost

Contribution margin= 23.75 - 16.25

Contribution margin= $7.5

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3 years ago

Which of these helped lower unemployment and raise GDP after the great recession

vichka [17]

Do you have the answers? I will help you if you write them down.

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4 years ago

Team operating principles are sometimes included in a project charter to enhance team performance. Which of the following statem

pantera1 [17]

Answer:

d. Operating principles increase team effectiveness and ensure that all parties are aware of what is expected.

Explanation:

Operating Principles are essentially the way that organizations put their values into practice and get things done. Many companies rely on operating principles to get things done faster. They also influence culture and values.

Principles of effective teamwork are:

1. Effective Communication amongst team members.

2. Reliable team members.

3. A good approach to conflict management.

4. Strong and effective leadership.

5.Effective allocation of resources.

6.Mutual respect amongst team members.

7.Constructive working relationship.

8.A positive approach to diversity and equality

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4 years ago

Read 2 more answers

the context of bringing the code of ethics of a company to life, which of the following statements is true when experts try to a

gayaneshka [121]

Answer:

It should be ensured that the ethics code of the company is both global as well as local in scope

Explanation:

Code of ethics is the set of the principles which is to be followed by the company or business in order to conduct or perform and it will guide the behavior as well as decision making.

The motive of the code is to provide the members with the guidelines for the making the ethical decisions as well as choices in order to perform the work.

So, the ethic or code should ensure that it has both local as well as global scope for the company.

NOTE: The options are missing so providing the direct answer.

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4 years ago

A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability

timurjin [86]

Answer:

$95.45%

Explanation:

The computation of the probability of getting a return between -28% and 64% in any one year is shown below:-

Particulars Percentage

Total probability 100%

Less:

Probability that return will be lower

than -28% 2.28%

1- (NORMDIST (-28%,18%,23%,TRUE)

Probability that return will be More

than 64% 2.28%

(NORMDIST (64%,18%,23%,TRUE)

Probability of getting a return between

-28% and 64% $95.45%

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4 years ago