Judd works in the warehouse at home depot. What would be an external equity pay comparison is <u>employees in other organizations are paid for doing the same general job</u><u>.</u>
<h3>What is an external equity pay comparison?</h3>
External equity compares pay in your business against the external market. With external equity, you can see what the external market is paying for similar jobs within your industry.
Therefore, the correct answer is as given above
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Answer:
A favorable balance of trade; occurs when the value of a country's exports exceeds that of its imports. An unfavorable balance of trade; occurs when the value of a country's imports exceeds that of its exports.
Explanation:
A negotiation is a Discusion aimed at reaching an agreement. B.
Answer:
a. iii. Too little
b. i. The industry's supply of cashews will exceed Q1 and the price of cashews will equal P1.
Explanation:
Allocative efficiency refers to the point in production where Marginal Revenue equals Marginal cost. As this is a perfectly competitive market, marginal revenue is the same as price which as shown in the question, exceeds Marginal cost. The firms are therefore producing too little to achieve allocative efficiency and need to produce more to make price and marginal cost equal.
In the long run, the firms will produce more such that supply would exceed the original quantity supplied of Q1. This will lead to the price falling back to P1 as there is now less scarcity.
This will lead to an increase in price and an increase in quantity if <span>Good X and Y are complementary goods.
Complementary goods refers to the goods that commonly used together (such as stove and gas). When the price for one part of complementary goods fall, the sellers usually will match it up by increasing the price of the other in order to maintain the profitability</span>