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lisabon 2012 [21]
3 years ago
11

Suppose Mike wants to pay efficiency wages to help in the construction of his beach home. If the prevailing wage rate for electr

icians is $30 per hour in his area, he will probably pay
a. $33
b. $18
c. $26
d. the minimum wage
Business
1 answer:
Alekssandra [29.7K]3 years ago
4 0

Answer:

The answer to the question is c

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1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $
Stolb23 [73]

solution :

sum of dollar =200+220+280+300+310+320+330+

350+390

Now,

average =<u>total </u><u>sum</u><u> </u><u>of</u><u> </u><u>all</u><u> </u><u>dollar </u>

total sum of worker

=<u>2</u><u>3</u><u>7</u><u>0</u>

9

=263.333#

5 0
3 years ago
HELP ME PLEASE
ikadub [295]

Answer:

d

Explanation:is wrong i got it wrong on edg

3 0
2 years ago
The quantity demanded for cosmetic surgery increased by 12 percent following a period of strong economic growth that raised cons
xxMikexx [17]

Answer:

A normal good

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls. For normal goods, income and quantity demanded are positively correlated.

When income increased, the quantity demeaned for cosmetic surgery also increased. So, this is a normal good

7 0
3 years ago
An investor places $5,000 in an account. The stated annual interest rate is 6% compounded monthly. The value of the account at t
Nostrana [21]

Answer:

$5,983.40

Explanation:

Data provided in the question:

Principle amount = $5,000

Interest rate, r = 6% = 0.06

Time, t = 3 years

Compounded monthly i.e number of periods n = 12

Now,

Final amount = Principle × \left( 1 + \frac{r}{n} \right)^{\Large{n\times t}}

or

Final amount = $5,000 × \left( 1 + \frac{0.06}{12} \right)^{\Large{12\times3}}

or

Final amount = $5,000 × 1.005³⁶

or

Final amount = $5,000 × 1.196

or

Final amount = $5,983.40

7 0
3 years ago
When goods are produced privately, but the cost of their purchase is paid for by the taxpayer or some other third party, a. cons
Gre4nikov [31]

Answer:

b. private producers of such goods will have little incentive to control costs and provide them at low prices

Explanation:

Externality is a situation where the production activities of market participants (either producers or consumers) have an effect on third parties not involved in production.

Externality is a form of market inefficiency.

Negative externality is when goods are produced privately, but the cost of their purchase is paid for by the taxpayer or some other third party.

When negative externality occurs, producers have little incentive to reduce cost because they don't bear the total brunt of their activities. This is why activities that generate negative externality are over produced.

Government needs to step in to control this problem. They can either impose tax on producers or regulate their activities.

Pollution is an example of negative externality.

I hope my answer helps you

3 0
3 years ago
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