1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lara31 [8.8K]
2 years ago
9

Give me suggestions on how to enhance labor market processes

Business
1 answer:
Ymorist [56]2 years ago
3 0

<em>The</em><em> </em><em>labor</em><em> </em><em>market</em><em> </em><em>works</em><em> </em><em>much</em><em> </em><em>like</em><em> </em><em>other </em><em>markets</em><em> </em><em>.</em><em> </em><em>There</em><em> </em><em>are</em><em> </em><em>buyers</em><em> </em><em>and</em><em> </em><em>sellers</em><em> </em><em>and</em><em> </em><em>they</em><em> </em><em>interact </em><em>to</em><em> </em><em>determine</em><em> </em><em>a</em><em> </em><em>price</em><em> </em><em>.</em><em> </em><em>In</em><em> </em><em>the</em><em> </em><em>labor</em><em> </em><em>market </em><em>,</em><em> </em><em>firm's demand </em><em>labor</em><em> </em><em>and </em><em>individuals</em><em> </em><em>such</em><em> </em><em>as</em><em> </em><em>you</em><em> </em><em>and</em><em> </em><em>I </em><em>supply </em><em>that</em><em> </em><em>labor</em><em> </em><em>.</em><em> </em><em>Employers</em><em> </em><em>demand</em><em> </em><em>labor</em><em> </em><em>because</em><em> </em><em>workers</em><em> </em><em>are</em><em> </em><em>an</em><em> </em><em>important</em><em> </em><em>part</em><em> </em><em>of</em><em> </em><em>the</em><em> </em><em>production</em><em> </em><em>process</em><em>.</em><em>.</em><em>.</em><em>.</em>

<em><u>Hope</u></em><em><u> </u></em><em><u>it</u></em><em><u> </u></em><em><u>will</u></em><em><u> </u></em><em><u>helps</u></em><em><u> </u></em><em><u>you</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em>

You might be interested in
Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $1
Vilka [71]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $17 per hour. If 1,000 units required 2,800 hours at an hourly rate of $16.50 per hour.

A)

Direct labor price variance= (SR - AR)*AQ

Direct labor price variance=(17 - 16.5)*2,800= 1,400 favorable

B) Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (3,000 - 2,800)*17= 3,400 favorable

C) Total direct labor variance= -1400 - 3400= -4,800 favorable

7 0
3 years ago
What is the most efficient level of output and correponding marketer-hours in the short-run?
algol [13]

The most efficient level of output and corresponding marketer hours in the short-run is capital for a time period of fewer than four-six months.

The short run is an idea that within a certain time period, at least one input is fixed while others remain variable. In the short run, firms face both variable and fixed costs, which means that wages, output, and prices do not have full freedom to reach a new equilibrium.

In the short run one factor of production, for instance capital is fixed. This is a time period of fewer than four-six months. In the short run, the firm should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.

Hence, in the short run, a firm decides how much output to produce in the current facility.

To learn more about short-run here:

brainly.com/question/27240264

#SPJ4

7 0
2 years ago
You deposit $100 in an account that pays 6 percent annual interest, compounded quarterly. What will your deposit grow to in 3 ye
Burka [1]

Answer:

$119.56

Explanation:

We will use compound interest formula to solve this problem.

The formula is:

F=P(1+r)^t

Where

F is the future value

P is the present amount

r is the rate of interest per period

t is the number of periods

Here,

F is the value we want, after 3 years

P is the present amount, $100

r is the rate of interest per quarter (per period)

Given r = 6% annually, so that would make:

6%/4 = 1.5% per quarter, or 1.5/100 = 0.015

Also, t is the number of quarters in 3 years, that would be 4*3 = 12

Now, substituting, we get our answer:

F=P(1+r)^t\\F=100(1+0.015)^{12}\\F=100(1.015)^{12}\\F=119.56

The first answer choice is right, $119.56

3 0
3 years ago
Budget deficit singapore for 5 year
frutty [35]

Answer:

i dont know sorry for dis but i dont know wat else to do

6 0
2 years ago
Which of the following is NOT a characteristic of long-run equilibrium for a perfectly competitive firm? Select one:
adelina 88 [10]

Answer: <u>"b. Price is greater than long-run average cost."</u> is NOT characteristic of long-run equilibrium for a perfectly competitive firm.

Explanation: In the long term the company will produce the output level at which long-run average cost is at its minimum.

Where the price is equal to the long-run marginal cost and the long-run average cost.

3 0
3 years ago
Other questions:
  • A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer usefu
    13·1 answer
  • Misty Company reported the following before-tax items during the current year: Sales revenue $ 1,200 Selling and administrative
    11·1 answer
  • Black Cat Corporation manufactures a product with the following full unit costs at a volume of 4,000 units: Direct materials $20
    11·1 answer
  • RL Photography reported net income of $122,700 for 2014. Included in the income statement were depreciation expense of $7,730, p
    10·1 answer
  • What is trade in economics​
    6·2 answers
  • g You will be receiving cash flows of: $2,000 today, $3,000 at end of year 1, $5,000 at end of year 3, and $7,000 at end of year
    12·2 answers
  • Tomasini Corporation has provided the following data from its activity-based costing accounting system:
    14·1 answer
  • Bondholders tend to offset the effects of selfish strategies implemented by shareholders by: Multiple Choice increasing the inte
    13·1 answer
  • according to federal regulations, which of the following best describes when expedited review of a new, proposed study may be us
    9·1 answer
  • andie needs to borrow $6,000 to buy a car. one dealer offers her a monthly payment of $193.60 on a 3-year loan with an apr of 10
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!