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notka56 [123]
3 years ago
15

Explain why an increase in wages is likely to increase demand but may reduce supply..... plz :)) i have a cz tomorrow aND I nEeD

HeLp
Business
1 answer:
natima [27]3 years ago
6 0

Answer:

see below

Explanation:

An increase in wages increases the amount of disposable income for individuals. It means that households will have more money to spend. An increase in wages results in increases in the people's ability to buy, which increases the demand for goods and services.

Wagers are an expense to suppliers. An increase in wages will increase the cost of production. When production cost increases, suppliers' profit margin decreases. Since supplies are motivated by profits, a decrease in profit margins may result in reduced production.

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Selene, a new recruit at Yellow Systems Inc., was encouraged to join the Hispanic Help Group (HHP) to discuss the challenges and
il63 [147K]

Answer:employee support group.

Explanation:employee support group are voluntary, employee-led associations where team members join together in light of common interests, backgrounds, or demographics.

A group of employees that join together in the workplace based on shared interests, backgrounds, or life experiences. Employee resource groups help provide support for both career and personal development.

5 0
3 years ago
The equilibrium price of a good in market A is $24. The current price of the good in market A is $21. At this price, a(n) ______
qwelly [4]

Answer:

Excess supply as well as excess demand in market A

Explanation:

Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.

When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.

7 0
3 years ago
4.The following information is available for Lock-Tite Company, which produces special-order security products and uses a job or
mojhsa [17]

Answer:

The overview of the problem is listed throughout the section below on explanation.

Explanation:

The Journal entry is given below:

<u>No       Transaction        General journal      Debit($)    Credit($)</u>

1                 1                Overhead of factory   120000      

                                  Some other accounts                    120000

2               2           Process inventory's work  185500

                           (345000-80000)\times 70 \ percent                      

                                  Overhead of a factory                    185500

8 0
3 years ago
Does anyone have a copy of the spreadsheet assignment for career prep b
daser333 [38]

Answer:

030

Explanation:

030

6 0
2 years ago
Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems
ryzh [129]

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

4 0
3 years ago
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