Answer:
a) labor costs are variable and rise with productivity gains
Explanation:
- A more expensive procedure for the measuring the candidate's job appropriateness can be from the labour costs that are highly variable and varies with the increases in the position of labour productivity.
- Thus companies have to do cost estimation first and based on the performance and the need of the candidate they have to justify there their positions.
Answer:
False
Explanation:
Labour Markets are at equilibrium where : Market Demand for labour (by firms) = Market Supply of Labour (by labourers), & the respective curves intersect.
Labour Demand curve is downward sloping, as firms' demand is inversely related to price i.e wages. Labour supply curve is upward sloping, as labourers' supply is directly to price (wages).
If wage is higher than equilibrium wage : labour supply being directly related to wage, will be more. And, labour demand being inversely related to wage, will be less. It would lead to excess supply of labour in comparison to its demand. This would imply many people are able & willing to work at the prevailing wage rate , not getting jobs - i.e unemployment.
Wage higher than equilibrium wage rate will have Unemployment impact, irrespective of the cause (minimum-wage laws or other) of wage rise.
In order to compete with another banks, it can do :
- Offer various benefit to gain more customer's deposit
- Create a specific market share and after only a specific consumer
- Make some goods investments to raise its total capital within its region
Answer:
The journal entry to record direct labor for Department A and Department B would include None of these choices are correct.- d.