1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry
mixer [17]

Answer:

Direct foreign investment.

Explanation:

 A foreign direct investment commonly used by abbreviation  FDI refers to a cross border investment in a business venture by a firm or individual of the country. In a broad sense, FDI occurs when a stockholder establishes overseas business activities or possesses foreign stock holdings in a foreign firm. FDI is a crucial component of global economic development since it establishes secure and long term trade linkages. FDI is an essential factor for the transfer of technology and infrastructure development and between different nations of the world. As per the question, Wavetel acquires a business firm in a neighboring country and it is a classic example of FDI.

8 0
3 years ago
What research topic can you recommend for ABM students? pls answer properly.
Mumz [18]

Answer:

marketing strategies

Explanation:

yeah

6 0
3 years ago
Ruth Company produces 1,000 units of a necessary component with the following costs: Direct Materials $34,000 Direct Labor 15,00
Snowcat [4.5K]

Answer:

Option B is correct

The maximum price to be paid is = $64000

Explanation:

To determine the the maximum price we would compute using the relevant costs of internal production.

<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>

Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000

The maximum price to be paid is = $64000

Note that the fixed overhead  of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.

4 0
3 years ago
Which terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?
AysviL [449]

Answer: Agency problem

Explanation:

Agency problem  is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.

4 0
3 years ago
Which of these are loans to businesses or governments?
Yanka [14]
<span>Bonds are actually a type of borrowing or loans most businesses and governments use. They represents an alternative to the common bank loans, however they enable loan of higher amounts of money, that governments need but ordinary banks are not able to provide.</span>
5 0
3 years ago
Read 2 more answers
Other questions:
  • Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune’s 50 most powerful women’s list, uses
    10·1 answer
  • On july 9, mifflin company receives a $8,500, 90-day, 8% note from customer payton summers as payment on account. what entry sho
    8·2 answers
  • If you are a buyer with a buyer value of $6.50, would you be willing to buy a book for $6.25?
    6·1 answer
  • ____ 16. a decrease in the price of domestically produced nuclear reactors will be reflected in
    13·1 answer
  • Consider the following dialog between Rina, an economics student who currently studies macroeconomics, and Yvette, her teaching
    11·1 answer
  • Services can be______because the real people who provide them may vary in their abilities and motivations, or even their moods,
    15·1 answer
  • Instances where' silence is golden ' is applicable
    5·1 answer
  • Over the last year, Calzone Corporation paid a quarterly dividend of $0.10 in each of the four quarters. The current stock price
    14·1 answer
  • Dyer Furniture is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected to gr
    8·1 answer
  • Careers that have 6 letters
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!