Answer:
Job responsibility, required experience and adverse working conditions are factors considered when establishing a fair wage for a specific career.
Explanation:
The level of salary that a person will receive as a result of their job benefits is determined by a multiplicity of factors. Mainly, the degree of technicality required and the studies that are necessary to get to exercise a profession are fundamental: thus, an engineer is much better paid than a waiter, for example.
Now, within the same profession there are different factors that can influence the determination of the value of wages. For example, the greater the degree of responsibility, the higher the salary, as it carries a greater stress load and mental and intellectual presence than other lesser positions.
Another factor is experience: in certain jobs, experience as a source of knowledge and demonstration of expertise is paid extra, increasing workers' wages.
Finally, another factor that can influence a worker's salary is unhealthy employment: a job performed in adverse conditions implies an extra risk to the worker, with which the salary tends to rise to compensate for those risks.
Answer:
The correct answer is option B.
Explanation:
In the perfect co petition firm is a price taker. Firms do not decide price. Price is determined by demand and supply intersection. Firms face a horizontal demand curve. They can only adjust the quantity they supply.
In a perfect competition, if the price is not able to cover the average variable cost, it means that the firm will be incurring losses. The firm will thus shutdown and stop production.
A interest rates is lower payments lower cost over all is lower based ion rate.<span />
The scenario illustrated by the company is related to promotion in marketing mix.
<h3>What is promotion?</h3>
It should be noted that promotion is the marketing communication that's used to inform the audience about a good.
In this case, since the companies use online advertising campaigns and contests to help develop better goods, services, or ideas. This depicts promotion.
Learn more about marketing on:
brainly.com/question/25754149
Answer:
$76,134.84
Explanation:
Data provided in the given question
Future value = $105,000
Fixed interest rate = 4.1%
Number of years = 8
The calculation of present value is given below:-
= Future value ÷ (1 + rate of return)^number of years
= $105,000 ÷ (1 + 4.1%)^8
= $105,000 ÷ 1.379132002
= $76,134.84
Therefore, we simply applied the present value formula.