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2 years ago

Due to a downturn the wage of entry level workers has declined by 10 per cent, as a

1 answer:

8 0

The cross elasticity of demand for senior workers is 1.5. Senior workers and entry-level workers are gross complements.

The scale effect dominates in this example.

If the wage of the entry level workers increase, the demand curve would shift to the right.

<h3>What is the crosss price elasticity?</h3>

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

Cross price elasticity = 15% / 10 = 1.5

Complement goods are goods or resources that are used together. As a result of the decline in wages, senior workers would be laid off. This means that senior workers and entry level workers work together.

<h3>What is the effect on the demand curve if the wages of entry level workers increase?</h3>

If the wage of the entry level workers increase, the demand for senior workers wouuld increase. This would lead to a shift to the right of the demand curve for senior workers.

To learn more about cross price elasticity, please check: brainly.com/question/26054575

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A special tax was levied by Downtown City to retire and pay interest on general obligation bonds that were issued to finance the

jonny [76]

Answer:

C. Debt Service Fund.

Explanation:

Dept service funds can be described as monies or reserves which are been used to pay for capitals, interest and certain dept that have accrued by the company and it can cover for any other form of dept owed by the company.

It's existence is put in place to reduce the risk of a debt security for future investors. This can be paid out monthly mid-monthly, quarterly or possibly yearly.

This why the tax on general obligation bonds that has been put upon Downtown city to finance the hall has it receipts in place at the dept service fund office.

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3 years ago

Dimas [21]

People are known to engage in business every day. The answers to the question is below;

<h3>The similarities between the business ventures of the Wander Girls and Roxanne Quimby</h3>

Their businesses are both founded by women.
They both encourages women in business ventures and other areas.
They both encourages women to take care of themselves and not neglect themselves.
They are advocate for self love for women.

<h3>The differences between the business ventures of the Wander Girls and Roxanne Quimby.</h3>

Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.

Wander Girls is into service delivery while the other is into product delivery.

Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.

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2 years ago

How much would you have made or lost on an investment of $1 000

Ad libitum [116K]

Answer:

depends on how much you already have...

Explanation:

5 0

3 years ago

AnthonyAnthony's Chair Factory currently employs 100100 workers, who produce 800800 chairs. If AnthonyAnthony hires a 101101st

Nostrana [21]

Answer:

average product = 9.16

Explanation:

given data

currently employs = 100 worker

produce = 800 chair

hire = 101 worker

output = to 925

to find out

average product of the 101 worker

solution

we get here average product that is express as

average product = $\frac{output}{input}$ ..................1

here output is 925 and input is 101 worker so put here value we get

average product = $\frac{925}{101}$

average product = 9.16

6 0

3 years ago

Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by d

Bingel [31]

Answer:

d. Skippy’s demand for peanut butter increases today.

Explanation:

The taste and preferences of the consumers are one of the factors affecting the demand for the goods. The demand for goods increases according to tastes and preferences. Another factor of an increase in demand is the expectation of a consumer regarding the future prices of the goods.

In the given scenario, Skippy's demand for the peanut butter will increase because of the above mentioned two reasons. Since he is very much fond of the peanut butter, the demand will remain constant. At the same time, after reading about the future unavailability of the peanut butter and the increase in the price of it, the demand for the peanut butter will rise the present day.

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3 years ago