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3 years ago

In an economy in which the skills, preferences, and motivations of workers vary widely, equality of wage rates would

Business

1 answer:

____ [38]3 years ago

7 0

Considering the situation described above, the equality of wage rates would be <u>lower</u>.

This is because when there are high differences in the level of skills, preferences, and motivations of workers, some workers with high skills, and skills preference and increased motivation will earn higher wages.

On the other hand, the workers with low skills, less preferred by employers, and have less motivation to work, will undoubtedly earn lower wages.

This situation would lead to the equality of wage rates to be lower, as many people earn higher, while many others make lower.

Hence, in this case, it is concluded that massive disparity in skills, preference, and motivations cause lower equality in wage rates.

Learn more here: brainly.com/question/18691665

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Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,000; Additional Paid-In Capital, $

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Answer:

The statement of stockholders’ equity for the month ended October 31 is $18,450,000.

Explanation:

Noric Cruises Inc.

Statement of stockholders’ equity for the month ended October 31

Common stock Paid-In Capital Retained Earnings

Opening balance $150,000 $3,225,000 $12,400,000

Addition 800,000 - -

Net income - - $2,350,000

Cash dividends - - (475,000)

Balance at Oct 31 $950,000 $3,225,000 $14,275,000

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3 years ago

Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg

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Answer: (B) Effective

Explanation:

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It has the good leadership quality and also recognizing all emotions according to the given task.

According to the given question, the effective supervision taking various types of sharp decisions and also tracking all the tasks for meeting the goals.

Therefore, Option (B) is correct answer.

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4 years ago

As EBIT drops, the return on equity (ROE) of a levered firm drops ______ the ROE of an otherwise identical unlevered firm.

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Answer:

Relatively more than

Explanation:

As we know,

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As if the EBIT drops, the return on equity drop is relatively more than the ROE of unlevered firms due to involvement and not involvement of debt. As it generated high risk and return which is gradual increases during a given period of time

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3 years ago

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4 years ago

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3 years ago