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Ahat [919]
3 years ago
9

In the u.s each additional year of schooling has historically raised a person’s wage on average by about __________.

Business
1 answer:
Feliz [49]3 years ago
3 0
History raise a person wage on average by about 8.50
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AIDA represents attention, interest, desire and
Inessa [10]
The Answer Is Option A, Action
5 0
3 years ago
Labor productivity significantly rises as the firm sells more units of a product, consequently resulting in lower per-unit cost
Sonja [21]

The increase in labor productivity leads to lower per-unit costs because workers<u> can </u><u>specialize </u><u>and the </u><u>firm </u><u>can </u><u>spread product costs</u><u> over </u><u>greater output.</u>

Labor Productivity:

  • Is the number of goods produced by a single worker
  • Is calculated by dividing total production by the number of workers

When labor productivity increases, it means that workers are producing more output. This results in lower costs per product because the cost of labor will remain the same yet the products are increasing.

In conclusion, increased labor productivity leads to lower costs of per unit production because the number of products would rise relative to the cost.

<em>Find out more at brainly.com/question/6430277.</em>

6 0
2 years ago
Because she beat her goal this year by nearly 30 percent, Helena has been telling everyone in the sales department of her incred
Arte-miy333 [17]

Answer:

The correct answer is D

Explanation:

Self- serving bias is the term which is defined or described as the tendency of people who attribute the positive events to their own character and attribute the negative events to the external factors.

This bias is the common kind of cognitive bias which is extensively studied in the social psychology.

So, in this case, Helena provide the example of the self- serving bias as when she did not reach the goal, then she stated that her failure is due to poor economy which means she attribute the negative event to external factors.

5 0
3 years ago
What is the effect on the financial statement when a company fails to record depreciation?
Mashutka [201]

Answer:

d. Net income is overstated and assets are overstated

Explanation:

The journal entry to record the depreciation expense is shown below:

Depreciation expense A/c Dr

      To Accumulated depreciation A/c

(Being the depreciation expense is recorded)

But if depreciation is failed to record, then the net income is overstated and assets are overstated as the accumulated depreciation decrease the cash balance and The net income overstated represents the understated in an expense account

7 0
3 years ago
Suppose that you are evaluating a project in the food division. What is the appropriate discount rate for this project? Assume t
posledela

Answer:

Find below complete question:

There are three equally large divisions in a conglomerate: (i) food division, (ii) travel division, and (iii) construction division. Their divisional betas are 0.5, 1.8, and 2.2, respectively.

What is the overall beta for the entire firm?

A.0.5

B.1.8

C.1.5

D.2.2

Correct option is C,1.5

Suppose that you are evaluating a project in the food division. What is the appropriate discount rate for this project? Assume that the CAPM holds. The risk-free rate is 1% and the expected return on the market is 7%.

A.10%

B.11.8%

C.4%

D.14.2%

Correct option is A,10%

Explanation:

The starting point is to determine the overall beta for the company.

Since all the three divisions are equally large,it means they share the same probability weighting of 0.3333(1/3)

food division               0.3333 *0.5

Travel division             0.3333*1.8

construction                 0.3333*2.2

overall beta                  1.49985  

1.5 approx

Ke=Rf+beta(Rm-Rf)

Rf is the risk free rate of 1%

Rm is the expected return on market of 7%

beta is 1.5

Ke=1%+1.5*(7%-1%)

Ke=10%

8 0
2 years ago
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