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3 years ago

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Business

1 answer:

Allisa [31]3 years ago

8 0

Answer:

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Explanation:

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If a government fixes the wage rate above the mar-

olasank [31]

Answer:

Option B

Explanation:

Fixing the wage rate above the market equilibrium rate will disturb the demand and supply equilibrium of labor resource.

Wage rate above market will make labor as a resource costly for business and hence, there is possibility that the demand for labor will lower down. Thus, the supply of labor will get low.

Hence, option B is correct

5 0

3 years ago

¿LAS DECISIONES QUE HAN TOMADO ALGUNAS EMPRESAS PARA MANTENER SU ECONOMIA HAN SIDO LAS MAS ACERTADAS?

Fittoniya [83]

Answer:

Calculator

語の

Typios

Explanation:

3 0

3 years ago

The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is Rs.500 a ride. Motorvill

larisa86 [58]

Answer:

The answer is below

Explanation:

i) The price elasticity of demand is given by the formula:

$Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{40-80}{(40+80)/2} }{\frac{600-500}{(600+500)/2} }=\frac{-2/3}{2/11} =3.667 (ignore \ the\ sign)$

Since the price elasticity of demand is greater than 1 hence it is elastic

ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.

iii)

$Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{120-80}{(120+80)/2} }{\frac{400-500}{(400+500)/2} }=\frac{0.4}{-2/9} =1.8 (ignore \ the\ sign)$

Since the price elasticity of demand is greater than 1 hence it is elastic

4 0

4 years ago

Steve is deep in debt due to a gambling problem. He is the bookkeeper for a family owned business, Cal Poly Greenery. The compan

PIT_PIT [208]

Answer:

The answer is: D) All of the above.

Explanation:

What Steve just did is not only unethical buy also illegal. Of course he violated the trust placed in him by the owners. They thought they were friends and no one would expect his friend to betray them like this. He doesn´t only risk his reputation if the owners find out, he risks going to jail. With his actions Steve has shown us he doesn´t have any moral integrity.

7 0

3 years ago

Carl has worked on a factory line for years. Recently, his job on the line has been increasingly replaced by robotics in his ind

Zarrin [17]

Answer:

structural unemployment

Explanation:

Unemployment is a situation where people who are ready and willing to work can not find one.

Structural Unemployment

Structural Unemployment:  One of the reasons for unemployment is when the production process is automated. In this instance, works and tasks that were formerly done by humans and now been taken over by machines

For example, the work formerly done by Carl has now been taken over by robotics. Usually , this will lead to mismatch of skills because the skills possessed by Carls are no longer needed by his employer.

Therefore, Carl is experiencing structural unemployment

8 0

3 years ago