Answer:
Demand, to the right.
Explanation:
Because productivity has increased, and (or) the demand for final products has increased as well, workers are both more desired because they are more productive, and more needed because more final products need to be made.
This will shift the labor demand curve to the right because demand for labor will rise.
It is the IMF or <span>The </span>International Monetary Fund<span> approved a $12 billion loan for </span>Egypt<span> on Friday, in a move intended to stave off economic collapse in the Arab world’s most populous nation as it grapples with a plunging currency, soaring inflation and shortages of staple foods</span>
Through partisan elections at each court level. ...
The chief justice or judge of each court is selected by voters at large.
Answer: 1.60
Explanation:
P1 = 30
P2 =50
Q1 = 6
Q2 = 16
Elasticity of supply:
= 1.60
Using the midpoint method, the elasticity of Deborah’s labor supply between the wages of $30 and $50 per hour is approximately 1.60, which means that Deborah’s supply of labor over this wage range is elastic.
Answer:
(A) The standard price per pound of this material is $87.11
(B) The standard pounds of this material per unit of product A is 1.01 pounds
Explanation:
According to the given data, in order to calculate the standard price per pound of this material, we would have to use the following formula:
Standard Price per pound of this material=Purchase Price Per Pound + Shipping Cost per pound
+Receiving Cost
=$80.00+$6.66+$0.45
=$87.11
In order to calculate the standard pounds of this material per unit of product A, we would have to use the following formula:
Standard pounds of this material per unit of Product A=Pounds of material required by Product A
+Allowance for waste and spoilage
=0.96+0.05
=1.01 pounds
