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dlinn [17]
3 years ago
12

Suppose the downward sloping labor demand curve shifts rightward in a labor market with a single employer (monopsony). What happ

ens to the equilibrium wage and level of employment in the market
Business
1 answer:
4vir4ik [10]3 years ago
7 0

Answer:

  • Equilibrium wage increase
  • Level of employment increase

Explanation:

A shift rightward in the labor market of a single employer would imply that the employer wants more labor. They will therefore increase the wages that they are paying their labor to entice more labor and the level of employment in the industry will increase as the employer hires more people.

Graphically speaking, when the labor demand curve shifts right, it will intersect with the labor supply curve at a higher equilibrium wage. The quantity of labor will also increase as it goes to a new equilibrium point.

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If all of the logical conditions are true, the and function returns the logical value _____. select one:
anastassius [24]
False is the answer to this question. 

3 0
3 years ago
1. At what level does the supervisor fit in the organizational pyramid? Describe a major trend that is changing the role of the
vredina [299]

Answer:

1. Supervisors fit in the middle level of the organization pyramid.

2. A major trend that is changing the role of the supervisor at that level is the concepts of mentoring, coaching, and staff training.  The supervisor's role is expanding to include these activities that will ensure process improvement, enforce adherence to organization's rules, and enable improved cross-functional relationships.

Explanation:

Primarily, supervisors are known to motivate employees, direct the activities of others, select the most effective communication channel, and resolve conflicts among team members.  However, the changing trend now views the supervisor as an educator, sponsor, coach, counselor, and director.  Therefore, the supervisor is expected to deplore all his skill-sets, including effective communication in combination with daily conflict resolution, transformational leadership, critical thinking, interpersonal relationship, time and priority management, and problem-solving skills.

4 0
3 years ago
Which of the following contradicts the proposition that the stock market is weakly efficient?A. Over 25% of mutual funds outperf
Arisa [49]

Answer:

The correct answer is letter "C": Every January, the stock market earns above-normal returns.

Explanation:

Inside the Efficient Market Hypothesis or EMH, we can find the term "weak from efficiency" that states past price action do not influence the current stock price or it is not useful in order to predict future price movements. According to the same concept, the use of technical analysis or the suggestions of financial advisers is useless.

In that sense, option letter "C" indicates that <em>every January the stock market earns an above-normal return</em>, which clearly reflects that there is a repeated pattern in the stocks affecting their price during that specific month, something impossible to take place according to what "weak from efficiency" establishes.

5 0
3 years ago
Arielle, a successful banker and educator, has decided to retire, but she is very interested in staying involved with a company
earnstyle [38]

Answer:

overall strategic goals and approval of major decisions.

Explanation:

A board of directors are people that are selected to make decisions that are beneficial to shareholders and to ensure that the management of the organisation acts in the best interest of shareholders.

Directors asses the performance of the management and make major decisions such as acquisitions, issuing of new shares, company liquidation, and dividend declaration.

So Arielle will be involved in approval of major decisions and attainment of business goals as a member of the board of directors.

3 0
3 years ago
nobel prize winner milton friedman said that a bad central banker is like a ""fool in the shower."" how does this apply to centr
cluponka [151]

There are monetary policy lags

<h3>What is monetary policy lags ?</h3>

The presence of temporal delays is one of the drawbacks of countercyclical monetary policy. The monetary authority must have time to recognise the need for action, take that action, and observe how that action affects economic activity. The time relationship between the resultant monetary series and the subsequent series of impacts of monetary operations is how Friedman defines "lag." He claims that economic circumstances are only affected by monetary measures after a "long and varied lag." Friedman makes a distinction between three fundamental lags: the administrative lag, the operation lag, and the recognition lag.

To learn more about monetary policy check the given linkhttps://brainly.in/question/6090122

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4 0
1 year ago
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