Answer:
PART A
(1) Increase in demand for employment in Louisville than in Indiana.
(2) Migration of workers from Indiana to Louisville.
(3) A higher standard of living in Louisville than in Indiana.
(4) High cost of doing business in Louisville than in Indiana.
PART B
(1) increase in population of workers in Louisville.
(2) Increase in inflation in Louisville
(3) High standard of living in Louisville.
PART C
(1) Migration of the workforce from Indiana
(2) Reduced population of workers in Indiana.
Explanation: Minimum wage is an Economic term used to describe the lowest amount of money below which no worker who is employed within an economy should be paid.This term is usually concerned with those employed in the formal sectors of the economy in both the Private and public sectors, it is usually legally approved.
THE HIGHER THE MINIMUM WAGE IN AN ECONOMY THE HIGHER THE RATE OF MIGRATION FROM OTHER ECONOMIES INTO THE ECONOMY.
When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to the products sold.
<h3>What happens when production is greater than sales?</h3>
- Because it allocates fixed overhead expenses to each unit of a product produced throughout the time, absorption costing differs from variable costing.
- Net income recorded under absorption costing will be higher than net income reported under variable costing when production exceeds sales. Closing stocks rise under absorption costs as output outpaces sales.
- When output exceeds the number of units sold, absorption costing allocates fixed overhead to the items sold, resulting in net income that is higher than that determined by variable costing.
- The operating income under absorption costing is higher when production outpaces sales, i.e. when final inventory exceeds beginning inventory.
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Answer:
Each should be used as follows:
Weight of peppermints = X = 25 lb
Weight of Chocolates = Y = 15 lb
Explanation:
Suppose
Weight of peppermints = X
Weight of Chocolates = Y
So According to given condition
X + Y = 40 (Eq. 1)
1.2X + 2.4Y = 1.65*40
1.2X + 2.4Y = 66 (Eq. 2)
By multiplying (Eq. 1) with 1.2 we get
1.2X + 1.2Y = 48 (Eq. 3)
Now by subtracting (Eq. 2) from (Eq. 3)
(1.2X + 1.2Y) - (1.2X + 2.4Y) = 48 - 66
1.2X + 1.2Y - 1.2X - 2.4Y = -18
1.2X - 1.2X + 1.2Y - 2.4Y = -18 (Rearrange)
-1.2Y = -18
1.2Y = 18
Y = 18/1.2
Y = 15
By placing value of Y in (Eq. 1)
X + 15 = 40
X = 40 - 15
X = 25
<u>Check</u>
1.2X + 2.4Y = 66
1.2 (25) + 2.4 (15) = 66
66 = 66
Warby Parker can offer cheaper glasses than their competition because they <span>use the same materials and factories as Luxottica without the licensing fees.</span>
Hope this helps!
Answer:
c. technical skills
Explanation:
Technical skills -
It refers to the knowledge or the information necessary to perform a particular task , is referred to as the technical skill .
The knowledge of scientific activities , mathematics , technology , mechanical information , is important to be learn technical skills .
Hence , from the given scenario of the question,
The correct option is c. technical skills .