Answer:
The correct answer is c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck.
Explanation:
The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.
Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.
Answer:
What is driving Anne's and Adam's decisions?
Opportunity cost
Explanation:
The opportunity cost is the amount of benefits expressed in monetary terms of picking one alternative over the other. It is an economical aspect as opposed to an accounting aspect. It is mostly beneficial to business people or investors who have a variety of business opportunities that requires an investment. Since they are not always considered in financial reports, they are often an unnoticed and may not be considered in most cases. This can cause the occurrence of missed opportunities that might have been more beneficial than the option chosen. The opportunity cost can be calculated using the formula below;
O.C=F.O-C.O
where;
O.C=opportunity cost
F.O=return on best foregone option
C.O=return on chosen option
In our case, Anne had to consider either continuing to sell the same number of dresses or increasing her production to capitalize on the profit margins. She chose to increase her production. Adam also had two alternatives; to utilize the opportunity of buying furniture at a lower cost down the street within two days before the offer ends or buying furniture expensively after the end of the offer. Adam chose to utilize the offer and bought the furniture a half-price sale.
International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad.
Answer:
The Supreme court will revise the ruling from the Federal Court
Explanation:
When the Atomic Energy Commission appeals to the Supreme Court due to dissatisfaction from the Federal court's verdict, it is the duty of the supreme court to take some moment to look critically into the issue and weigh the premises in which the Federal Court's verdict was passed in favour of the environmental group.
After taking a critical look at the various arguments raised by the environmentalist and the court's ruling, it is obligatory for the Supreme court to decisively call the attention of AEC to the reasons raised and make provision to address such , bearing in mind that there was no previous discussion between the two parties prior to seeking court's attention in this regards.
The answer would be: A. Attract investment
When developing nations attract investment from more developed nations, it will open up a lot of job opportunities for the people in the Developed nations. This will make an average citizen in that nation have a higher disposable income that they could spend to increase their standard of living.