Answer:
Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000
greeting cards is $4000. The price of a greeting card is $4.
What is this firm's economic profit (or loss)?
Explanation:
or loss
The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.
When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.
The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.
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Answer:
Joel is behaving in a totally unprofessional & unethical manner
Explanation:
As assistant controller, Joel Kimmel's job specification & responsibility includes financial statement preparation & combination, putting of internal controls in place, detailed analysis & reporting of cost variance, acts as the go-between with external auditors amongst other such responsibilities.
As such, when Joel discovered the cost discrepancy during the reconciliation, it was actually his responsibility to call the bank's attention to the variance. This is something that clearly falls under his job specification & can be considered as neglect of duty. Joel's decision defeats the very purpose of bank reconciliation, which is to correct any such discrepancy & to the ensure the rectification of transactions. Most importantly, the decision Joel plans to take is very unethical & is against standard accounting practices
We can therefore, say that Joel's decision is thoroughly unethical & unprofessional
Answer:
Explained below:
Explanation:
The Strategic Planning process is a planning process performed by the top-level management, to decide where the organization is willing to reach in the coming day and Portfolio management is the act of building and maintaining an appropriate investment mix for given risk tolerance.
Portfolio management in an organization is closely associated with each other as when the organization requires to do investment, it necessity be done through the Strategic Planning process which is performed by the top-level management to minimize the risk.
The answer is, larger; downward.
- Other things being equal, a larger supply of workers tends to put downward pressure on real wages.
<h3>How do wage increases affect the demand for and supply of labor?</h3>
- The quantity of work required will alter in response to changes in pay or salary.
- Employers will want to hire fewer workers if the pay rate rises.
- There will be a reduction in the amount of labor requested and an upward shift in the demand curve.
<h3>What causes wage increase?</h3>
- There are several reasons why employers may decide to raise salaries.
- An increase in the minimum wage is the most frequent justification for wage increases.
- The minimum wage can be raised by both the federal and state governments.
- Companies that manufacture consumer items are also renowned for giving their employees small pay raises.
<h3>How does wage increase affect supply?</h3>
- The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
- The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.
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