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poizon [28]
3 years ago
15

Assume that a state government currently provides no child-care subsidies to working single parents, but it now wants to adopt a

plan that will encourage labor force participation among single parents. Suppose that child-care costs are hourly, and suppose the government adopts a child-care subsidy that pays $3 per hour for each hour the parent works, up to 8 hours per day. Draw a current budget constraint (net of child-care costs) for an assumed single mother and then draw in the new constraint. Discuss the likely effects on labor force participation and hours of work.
Business
1 answer:
sergiy2304 [10]3 years ago
6 0

Answer:

The line on the graph will be parallel to the pre-subsidy line and the new constraint will then be equal to the points connecting the two lines.

Explanation:

The subsidy by government to single parents is $3 per hour for up to 8 hours. The total of subsidy will be $16 for each day. The labor force who were not receiving the subsidy before had steep indifference curve but now few workers will find utility maximization with flatter indifference curve so the workers will join the subsidy program.

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pantera1 [17]

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Usually these agreement are made by the leading entities of an industry to bid on Government contract, so that there will be less competition and everyone gets the fair share in profit.

Such agreements are considered totally legal so the companies do not need to keep it in any secrecy.

Hence from the above we can conclude that statement 4 is correct.

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3 years ago
In order to stimulate innovation, Harlose Inc. allows its researchers to devote 2-3 hours of their normal work schedule to pursu
liq [111]

Answer:

D) Catering to entrepreneurs

Explanation:

Catering to entrepreneurship is a business practice carried out by corporations that generally seek to purchase start ups for the new technologies that they developed (including patents) rather than for their business model or profits. E.g. [email protected] paid $2 billion for Oculus, and Google acquired Nest for $3.2 billion. None of these companies actually made any money, but the innovations that they develop may generate a lot of money if they are backed up by a major player.  

In this case, catering for entrepreneurs is a similar concept applied within an organization that tries to foster innovations.

3 0
3 years ago
On March 1, Year 1, Gilmore Incorporated declared a cash dividend on its 1,500 outstanding shares of $50 par value, 6% preferred
Aleksandr-060686 [28]

Answer:

Dividend Declared (SCE) $4,500 (credit)

Shareholders for Dividends (SFP) $4,500 (credit)

Explanation:

When Dividends are declared, we recognize an Equity Element - Dividend Declared and a liability (Present Obligation that arises with declaration) to the Shareholders of the dividend.

<u>Entry :</u>

Dividend Declared (SCE) $4,500 (credit)

Shareholders for Dividends (SFP) $4,500 (credit)

Dividend Calculation = 1,500 × $50 × 6%

                                   = $4,500

8 0
4 years ago
________ corporate social responsibility (CSR) refers to the philanthropic approach to CSR in which organizations target program
astraxan [27]

Philanthropic corporate social responsibility (CSR) serves as  philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity.

<h3>What is Philanthropic corporate social responsibility?</h3>

Philanthropic corporate social responsibility  can be regarded as one whereby,  there us donation funds, goods to another organization or cause.

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Learn more about Philanthropic corporate social responsibility at:

brainly.com/question/13171394

3 0
2 years ago
Ranger Glass Company manufactures glass for French doors. At the start of May, 2,000 units were in-process. During May, 11,000 u
GuDViN [60]

Answer:

$16.20

Explanation:

Calculation for How much is the cost per equivalent unit for direct materials

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Therefore the the cost per equivalent unit for direct materials will be $16.20

7 0
3 years ago
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