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lesya692 [45]
3 years ago
10

b. Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, what

is the current weekly wage rate in the labor market?
Business
1 answer:
Nata [24]3 years ago
4 0

Answer:

The current weekly wage rate in the labor market is:

$453.20

Explanation:

a) Data and Calculations:

The average hourly earnings of all employees in the United States stands at 11.33 U.S. dollars.

For 8 hours a day, this will translate to $90.64 ($11.33 * 8)

For 5 days a week, the wage rate will be $453.20 ($90.64 * 5) or ($11.33 * 40).

b) The above rate is for wage workers, who are usually paid per day or per week.  For salaried workers, the rate will be much higher and with some ranges, since salaries are not based on the factor of hourly or weekly rates.  

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Which of the following types of advertising is particularly expensive? A. Internet ads B. Newspaper ads C. TV commercials D. Rad
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Suppose you inherit an apartment building from your uncle. You anticipate making some income from the rent on
alexira [117]

Answer:

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No, I would maintain the building as good as posible.

How might you keep the building in good shape and still turn a profit?

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5 0
4 years ago
"Many service companies collect data via a follow-up survey of their customers. Suppose, in order to ascertain customer sentimen
Sergeu [11.5K]

Answer: Categorical; Ordinal

Explanation:

The data that are collected by the airline in this case is referred to as categorical.

The categorical variables are simply referred to as categorical variables because they can be segregated into groups. Also, the measurement of scale that is used is the ordinal scale.

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Comment

5 0
3 years ago
The next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4
STALIN [3.7K]

Answer:

a. 10.8%

b. 6.32%

c. 4.5%

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Required return= (2.34/37)+0.045

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c. The capital gains yield refers to the rise in the price of the stock. In this case, the statement indicates that the dividends are anticipated to maintain a growth rate of 4.5 percent forever and according to the definition of capital gains yield that would be the answer for the expected capital gains yield.

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3 years ago
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