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raketka [301]
3 years ago
13

Assume that your nominal wage was fixed at $25 an hour, and the price of gasoline fell from $4.00 to $1.50. In this case, your r

eal wage (in terms of gasoline) has
Business
1 answer:
DedPeter [7]3 years ago
5 0

Answer:

$23.44

Explanation:

Nominal wages is $25 per hour

Decrease in the price of gasoline = ($4.00 - $1.50)/4.00

Decrease in the price of gasoline = 0.625

Decrease in the price of gasoline = 6.25%

Real wages = $25 - (6.25 % of $25)

Real wages = $25 - (6.25/100 * 25)

Real wages = $25 - $1.5625

Real wages = $23.4375

Real wages = $23.44

Thus, your real wage (in terms of gasoline) is $23.44

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In a certain town, 60% of the households have broadband internet access, 30% have at least one high-definition television, and 2
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There will be 30% of houses without fibre optic internet connectivity or high-definition television.

Groups of components with definite definitions are called sets. A curly bracket serves as a symbol for the number of objects in a finite set.

To choose a subset from a set and draw a conclusion using statistical analysis, use random sampling.

In one town, 20% of homes have both fiber-optic internet connectivity and at least one high-definition television, whereas 40% of homes have one or the other.

The percentage of residences without fibre optic internet connectivity or high-definition television is as follows:

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P = 100% - (90% - 20%)

P = 100% - 70%

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30% of houses will not have fibre optic internet connectivity or high-definition television.

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1 year ago
How does inertia affect a person who is not wearing a seatbelt during a collision?
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3 years ago
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Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $182,000
MrRa [10]

Answer:

Total cost= $18,200

Explanation:

Giving the following information:

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $182,000 a year. It is estimated that these employees move 620,000 pounds of material per year. 62,000 pounds are moved in March.

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5 0
3 years ago
In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b
Travka [436]

Answer:

Correct option is (c)

Explanation:

Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.

Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.

So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.

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3 years ago
Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $6,400 and a fair mark
harina [27]

Answer:

Answer for the question  

Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $6,400 and a fair market value of $16,100. Kelsey will invest a building with a book value of $46,500 and a fair market value of $64,300.

What amount will be recorded to Sandra's capital account?

Is given in the attachment.

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