higher education students in texas can now receive a rebate of $1,000 if they graduate within three credit hours of what is required for their degree. how is this rebate funded?

Answers

Answer 1

Higher education students in Texas can now receive a rebate of $1,000 if they graduate within three credit hours of what is required for their degree,  the rebate is funded likely through fees

Higher education policy alludes to the choices made by the national government, state assemblies, advanced education sheets, and schools and colleges themselves. These choices can influence how state subsidizing is distributed, who sets educational cost and at what level, grounds assets accessible for scholastically striving understudies, certifications and projects offered, and state monetary guide qualification and grant sums, as certain models. Advanced education substances likewise set strategies that oversee grounds conditions, for example, the restriction or recompense of firearms nearby and rules with respect to free discourse and understudy fights.

Choices made in advanced education strategy can influence school access, the maintenance of understudies and the possible finishing of their certificates, understudy privileges nearby, understudies' monetary weight as obligation, and their work possibilities after graduation.

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Related Questions

what is the sinking fund factor amount if you planned to replace the swimming pool of your investment property (at a cost of $50,000) in 12 years and you expected the funds to grow at the rate of 6% per year?

Answers

The sinking fund factor amount if you planned to replace the swimming pool of your investment property (at a cost of $50,000) in 12 years and you expected the funds to grow at the rate of 6% per year is $104,655.

Investment property is property held by the owner or by the lessee under a finance lease to earn rentals or for capital and capital growth.

The rules of investment property are essentially the same as stated in IAS 16 for property, plant and equipment.

The amount of the sinking fund is as follows,

Sinking Fund = ((1+6%/12) ^ (5-12) – 1)/ (6%/12) * $1,500

Sinking Fund will be – Sinking Fund = $104,655.05 ~ $104,655.

The sinking fund is a fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.

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What scenario can lead to pest infestation?

Answers

"The presence of an extremely high number of insects or animals in a place, usually to inflict damage or disease," is what is meant by a pest infestation.

There are a number of factors that make pests drawn to your home, including: changes in season

The weather varies

shortages of water or food

habitat destruction

As more land is used for commercial and residential purposes, natural habitats are being lost in many places. Pests' essential needs—food, water, and shelter—are the same as ours, and our dwellings provide for these need fairly well. Therefore, your home may appear to be a favorable spot for a variety of household pests, such as ants, termites, roaches, rats, and others, when the weather changes, the water dries up, or food sources have been moved or destroyed.

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Do network effects help or hurt innovation? Why? If you were competing in a market where network effects exist, what strategies would be available for you succeed?

Answers

Network effects are sometimes criticized as harming innovation by companies that use them to gain market domination.

Why do you use the word "market"?

The market refers to all sellers and customers in the area or region that is being studied. The topic could include Earth as well as a number of other countries, areas, states, and cities. The forces of supply and demand in the market determine the value, expense, or cost of the items sold.

What kind of market is there?

A market is a setting where a number of individuals exchange products, services, and information. A market is ideally a place where a group of individuals can do business. the two participants

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what financial variables or ratios you consider essential to compare companies' financial performance

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profitability, liquidity, solvency, and valuation are the financial variables or ratios I would consider essential to compare companies' financial performance.

Because they are the most accurate predictors of the expectations and actions of investors and other economic players, financial variables are used to forecast future economic events. Market value, assets, equity, cash flow, sales, and market/book value are a few examples of commonly used financial performance factors. Other variables include levels, growth, and variability in profit as well as market value, assets, and cash flow. The process of horizontal analysis is used to track changes in the financial variables across time. The firm evaluates ratios, statements, and other metrics over time in a trend analysis technique known as horizontal analysis. Dependent variables and independent variables are used in financial modelling and accounting. In contrast to independent variables, which are unaffected by changes in other variables, dependent variables change when they are influenced by other factors.

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historical experience shows that a hospital sometimes receives malpractice claims in the year after the incidents occur. which of the following statements best expresses the general rule for reporting liabilities for such claims, if risk of loss has not been transferred to a third-party insurer? select one: a. liabilities should be recognized in the statements if it is probable that claims will be asserted for incidents occurring before the balance sheet date and the losses can be reasonably estimated. b. no mention is required to be made of these claims anywhere in the financial statements. c. the hospital should have purchased extended insurance. d. a note should be prepared discussing the likelihood that claims will be received after the balance sheet date, but no estimate needs to be made of the possibility of loss.

Answers

If it is likely that claims will be made for occurrences prior to the balance sheet date and the losses may be reasonably predicted, liabilities should be recognized in the statements. (Option C)

What does balance sheet mean?

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.

Why is the balance sheet the most crucial document?

The balance sheet is crucial because it informs you and other interested parties about your financial situation. Making better management decisions can be aided by keeping this information current. It can also enhance your operating effectiveness, borrowing capacity, and overall financial stability.

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Which of the following is NOT a production technology that enhances production and​ productivity?

A.

automatic identification systems

B.

service blueprinting

C.

process control

D.

vision systems

Answers

A service blueprint is not a production technology that enhances production and productivity. Therefore option (b) is the right.

All other choices include using technology to increase output and productivity.

Service blueprints are maps or diagrams that show the entire service process. It shows the connections between various elements of a service, such as personnel, tools, and procedures. A description of the customer service procedure is given. The objectives that each user has along the way are shown as part of a specific customer journey.

It is a tool that shows the customer experience; it is not a technology that increases output or productivity.

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How do you tell if a demand is elastic or inelastic?

Answers

Answer:

Elastisitas permintaan terjadi ketika harga suatu barang atau jasa berpengaruh besar terhadap permintaan konsumen. Jika harga turun sedikit, konsumen akan membeli lebih banyak. Jika harga naik sedikit, mereka akan berhenti membeli sebanyak mungkin dan menunggu harga kembali normal.

Explanation:

maaf klo slh

When the price of a particular good or service becomes significantly more expensive relative to consumer demand,

What is demand?

Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.

Elasticity in the market occurs. If prices rise a little, consumers will buy more items. If the price drops just a bit, they'll likely buy a lot and raise the price back to normal.

A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment. When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic.

Therefore,  significantly more expensive relative to consumer demand,

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all of the following are key factors in the distribution strategy for services except:

Answers

Customization is not a key factor in the distribution strategy for services unlike convenience for customers, number of intermediaries and outlets, scheduling of service deliveries.

Customers can get individualized products at prices that are close to those of mass production using a mass customization product design strategy. Using the most recent technologies for product visualization and configuration, many businesses now offer mass customization to customers, despite the fact that implementing the right strategy can be difficult.

Brands are also not yet recognizing the potential advantages of mass customization. The National Center for Policy Analysis (NCPA) identified mass customization as a potential driver of economic growth in the United States when we entered the information age more than 20 years ago.

A mass customization product design strategy is essential for today's brands due to the convergence of new manufacturing techniques, digital technologies, and shifting consumer expectations.

Beneath we talk about what mass customization implies, investigate the four primary creation techniques, and give instances of brands utilizing it effectively.

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an auditor traced a sample of purchase orders and the related receiving reports to the purchases journal and the cash disbursements journal. the purpose of this substantive audit procedure most likely was to

Answers

The purpose of this substantive audit procedure most likely was to  determine that purchases were properly recorded.

What does it mean to follow a recorded transaction from the journal to the ledger or the other way around?

A transaction is "posted" in accounting when it is entered into the journal and/or account ledgers. A post reference is a code that can direct someone looking at a particular account ledger (such accounts payable or accounts receivable) to the appropriate entry in the journal, or vice versa.

An audit that is conducted concurrently with the occurrence of transactions or as close to them as possible is known as a concurrent audit. It aims to reduce the time between a transaction and an independent party's review of it.

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suppose your rich aunt hands you a $3,000 check at the end of the school year. she tells you it is for your education. but what should you really do with that extra money? use the rule of 70 to determine how long it takes to double and quadruple your money under each scenario.

Answers

It wouldn't be worth $6,000 for 35 years.

Using the Rule of 70, how is the doubling time calculated?

The number of years required for a nation's economy to double in size is equal to 70 divided by the percent growth rate. For instance, if an economy expands by 1% annually, it will take 70 / 1 = 70 years for the economy to double in size.

How is the 70% rule calculated?

Quick illustration of the 70% rule It is simple to apply the 70% rule. You increase the property's ARV by 0.7 to decide the greatest cost you would pay for that property. If you think a property's ARV will be $300,000, for instance, you shouldn't spend more than $210,000.

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after you finish giving a presentation, an audience member asks your team for additional information on your topic. your coworker is answering the question thoroughly, but you notice that the rest of your audience has tuned out. how can you re-engage your audience? select all that apply.

Answers

You might change to a different question or ask a new question of your audience if you notice that they are losing interest.

Describe Presentation.

A presentation is how a speaker communicates information to an audience. A presentation's typical goals include informing, persuading, inspiring, motivating, creating goodwill, or presenting a novel concept or service. Speeches, opening statements, lectures, and demonstrations can all be included in presentations. For presentations, preparation, planning, organization, writing, the use of visual aids, stress management, and question-answering are frequently required. Presentations are widely used in tertiary job settings, like when accountants give a corporation's detailed financial report. An interactive presentation has the advantage of capturing more audience attention and encouraging audience engagement, which promotes a sense of community.

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standards provide information for measuring performance. the purpose of using standards is to assess blame and responsibility. when actual results depart significantly from the standard, the reasons why should be investigated. standards are only used in managerial accounting. need help? review these concept resources.

Answers

When actual results depart significantly from the standard, the reasons why should be investigated and Standards provide information for measuring performance are the statements that are true.

By how much input should be used to create a good or deliver a service?

Quantity Standards outline how much of an input must be used to produce a good or deliver a service. The amount that should be paid for each unit of the input is specified by price standards.

Should standards be used to determine who is to accountable for issues?

Standards that are used to determine who is to blame for issues can engender animosity and lower morale. Standards shouldn't be used to assign responsibility for issues. A labor rate variance can be brought on by a number of variables besides the contractual wage rate given to employees.

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If a profit-maximizing monopolist faces a downward-sloping market demand curve, what do we know? ( Its average revenue is less than the price of the product. O Its average revenue equals marginal revenue. O Its marginal revenue equals total revenue. Its marginal revenue is less than the price of the product.

Answers

We know that when a profit-maximizing monopolist faces a downhill market demand curve, its marginal revenue is lower than the product's price.

Explain what a market is.

A market is described as the aggregate of all sellers and buyers in the region or area under considering. The area could be the entire planet, or it could be countries, regions, countries, or cities. The value, cost, and cost of items traded in a market are determined by the supply and demand forces.

What, for example, is a market?

Shops, high streets, and websites are some examples. The term also refers to the entire group of people who purchase a product or service. Market-based businesses are usually in contest with other businesses.

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Real estate agents are authorized to do which of these? « Perform all activities in the name of the
broker. Make deposits into their own escrow accounts. All of the above

Answers

Real estate agents are authorized to perform all activities in the name of the broker and make deposits into their own escrow accounts. Hence, option (c) will be considered as the relevant option.

Give a brief account on real estate agent.

A real estate agent or broker is someone who works on behalf of buyers or sellers of real estate. Although a broker may operate independently, an agent who represents clients often works with a licensed broker. To negotiate sales contracts and handle the paperwork needed to close real estate transactions, brokers and agents must hold a state license. Buyers and sellers are often encouraged to speak with a licensed real estate expert for a formal explanation of each state's unique laws of agency. In a few of states, all participants are required to sign official disclosures outlining their respective duties.

Real estate brokers and salespeople in the United States must obtain a license from their respective states rather than the federal government. There is a real estate commission (regulatory body) in each state that supervises and issues licenses to real estate brokers and agents.

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According to the systems model of change, which of the following is NOT an input?

the organization's products or services

the organization's vision statement

the organization's mission statement

the organization's strategic plan

an analysis of the organization's readiness for change

Answers

According to the systems model of change, the organization's products and services (A) is not included as an input.

System model of change emphasises the fact that a change must be implemented organization-wide to work efficiently. There are 6 interconnected and interdependent variables that play roles as the key focus of planned change:

PeopleTaskDesignCultureTechnologyStrategy

People variable represents the individuals working for the organizations including their personality, attitudes, perceptions, attributions, needs and motives.

Task variable refers to the nature of the work itself.

Design variable represents the organiztional design, structure, communication sysrems, control, authority, and responsibility.

Culture variable reflects the organizational shared beliefs, values, expectations, and norms.

Technology variables represents the problem solving methods and techniques, the application of knowledge to the various of organizational processes.

Strategy variable reflects the organization's planning and decision making process and activities to identify organizational goals and prepare specific plans to acomplish those goals.

System model of Change is consisted of 3 stages:

UnfreezingChangeRefreezing

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beta electronics has a plant asset that cost $45,000 and has accumulated depreciation of $10,000. the plant asset is sold for cash at a $1,000 gain. how much increase in cash flow should beta report for investing activities?

Answers

A $45,000 factory asset owned by Beta Electronics has incurred depreciation of $10,000. So when plant asset is purchased for currency at a $1,000 gain, it is worth $36,000.

What are examples and money?

Money that would be in the shape of currency, such as coins, banknotes, and currency notes, is referred to as cash. An account type known as a demand deposit allows money to be removed at any moment without informing the institution. Savings and checking banks are two instances of demanding deposit accounts.

Briefing:

Plant asset = $45,000

Accumulated depreciation of $10,000

Plant asset = $1,000 gain

45,000 -10,000

35,000 + 1,000 gain

= 36,000 when sold at a gain

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in which of the following has lp been applied successfully? minimizing distance traveled by school buses carrying children minimizing 911 response time for police patrols minimizing labor costs for bank tellers while maintaining service levels determining the distribution system for multiple warehouses to multiple destinations all of these

Answers

LP applies successfully in option D. all of the above, while maintaining service levels determining the distribution system for multiple warehouses.

Distribution system is a numerical or every so often qualitative size of how some distance aside items or factors are. In physics or regular usage, the distance may check with a physical duration or an estimation primarily based on other criteria.

The space between two factors in physical space is the period of an immediate line among them, that's the shortest feasible course.

It reduces the entire international or part of the arena to a small sheet of paper. At the same time as making a map, cartographers pay attention to properly constitute the distribution between warehouses.

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What expenses do you need to budget for if you choose to buy a home? Check all that apply.

A. a mortgage payment
B. a rent payment
C. homeowners insurance
D. renters insurance
E. property taxes
F. a security deposit
G. a down payment
H. utility payments

Answers

If you choose to buy a home, you will need to budget for the following expenses:

A mortgage payment (A): This is the monthly payment you make to the lender to pay off the loan you took out to purchase the home. It typically includes both the principal (the amount you borrowed) and the interest (a fee charged by the lender for lending you the money).Homeowners insurance (C): This insurance protects your home and belongings in the event of damage from natural disasters, accidents, or theft. It is typically required by mortgage lenders and is usually paid for annually or semi-annually.Property taxes (E): These are taxes that you pay to the government based on the value of your property. The tax rate and frequency of payment vary depending on where you live.A down payment (G): This is the initial payment you make towards the purchase of your home, which is typically a percentage of the home's purchase price. The larger the down payment, the lower your monthly mortgage payment will be.Utility payments (H): These are payments for services such as electricity, water, gas, and internet, which you will need to pay monthly.

You do not need to budget for a rent payment or renters insurance if you are buying a home. However, if you are renting a home or apartment, you will need to budget for rent payments and renters insurance. A security deposit may also be required when renting, which is typically a one-time payment equal to one month's rent.

Answer:

What expenses do you need to budget for if you choose to buy a home? Check all that apply.

✔️ a mortgage payment

❌ a rent payment

✔️ homeowners insurance

❌ renters insurance

✔️ property taxes

❌ a security deposit

✔️ a down payment✔️ utility payments

I Took Assignment And Have a Nice Day.

Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when government spending and taxes are equal when the federal government spends more than it collects in taxes in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the government receives more in taxes than it spends in a given time period The federal estate and gift tax O was originally created in 2011. O is paid on certain commodities, such as gasoline or tobacco. O must be paid on even small gifts. is paid on property left as an inheritance when the owner dies. Estate and gift taxes as a percentage of GDP are between 2% and 3%. less than 1% about 20% 0%, since the tax was repealed. O

Answers

A balanced budget is one in which the whole projected revenues and the total planned expenditures are equal in terms of financial planning or budgeting. The public sector (government) budgeting process is where this phrase is most frequently used.

Official government budgets are frequently referred to as having a "balanced budget." Governments might announce in a press release that their budget is balanced for the upcoming fiscal year, or politicians might vow to do so if they win power.

A balanced budget is frequently used in conjunction with the phrase "budget surplus." When revenues are more than expenses, a budget surplus is created, and the surplus amount is the sum of the two. In a business setting, a company can reinvest excess funds back into itself, for example, to cover costs associated with research and development, give them to staff as bonuses, or provide them to shareholders as dividends.

A budget surplus arises in a government setting when tax collections in a fiscal year outpace government spending. Since 1970, the US government has just four times produced a budget surplus. The incident occurred every year in a row between 1998 and 2001.

In contrast, a budget deficit occurs when spending exceed receipts. Due to the necessity of borrowing money to cover expenses, budget shortfalls always result in mounting debt. As an illustration, the national debt of the United States, which as of November 2020 totaled more than $27 trillion, is the product of decades-long budget deficits.

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global enterprises is a multinational corporation with operations on four continents. the ceo's direct reports include vice presidents for the north american, south american, asian and european divisions. global enterprises can best be described as using what type of organizational structure?

Answers

It is an integrated organizational structure that superimposes multiple dimensions on top of one another. The global matrix structure may include functional or product divisions that cross over different geographic regions.

What is the organization?

A company, institution, association, or another type of entity made up of one or more people serving a specific purpose is referred to as an organization or organization. The word is derived from the Greek word organon, which also refers to an organ and various tools or instruments.

An organizational structure is a framework that specifies how certain tasks are to be carried out in order to meet the objectives of an organization. Rules, roles, and obligations may be a part of these activities.

Therefore, An organizational structure superimposes multiple dimensions on top of one another.

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does every item of service and merchandise which a funeral home offers for sale have to be listed on the gpl?

Answers

There are a total of six different mandatory disclosures in the GPL. Funeral directors are not permitted to alter the statutory disclosures. They must be written in accordance with the FTC's guidelines for the GPL of the funeral facility.

Define a General Price List.

In order to let clients to select only the items they want, the Funeral Rule also requires a GPL to disclose itemized prices for 16 particular goods and services while they are being sold.

A "General Price List" (GPL), an itemized list created by a funeral home, contains the six specific disclosures required by the FTC Funeral Rule, as well as identifying information about the company and itemized costs for the particular goods and services the funeral home provides.

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at what point should you be ready to sell a stock? when it triggers your stop orders if it is not underperforming, but it is not performing its original role in your portfolio when other stocks in the same sector are seriously out-performing it all of the above

Answers

Point when you should be ready to sell a stock is all of the above options.

A stop order is one amongst the 2 main order sorts you may encounter within the market: stop and limit. The key for the purchase order is that it's perpetually dead within the direction that the value is moving. as an example, if the market is moving lower, the purchase order are to sell at a pre-set worth below the present market value

Out-performing stock means the corporate can turn out a far better rate of come back than similar corporations, however the stock might not be the simplest entertainer within the index. An analyst's performance is evaluated supported however stocks really perform once a rating is assigned.

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a car was valued at $36,000 in the year 2009. by 2013, the car value had depreciated to $18,000. if the car's value continues to drop by the same percentage, what will it be worth in 2018?

Answers

A car was valued at $36,000 in the year 2009 and by 2013, the car value had depreciated to $18,000 so if the car's value continues to drop by the same percentage, it's worth in 2018 will be $9,000.

The price of any car over the years depreciates and depends upon varied factors that verify the merchandising price of the automotive. These factors vary from year of purchase, make, model, kilometers driven and overall condition of the automotive.

Cars lose the foremost value within the initial year, and depreciation continues for regarding 5 years. A automotive will lose up to twenty of its price within the initial year, and over the primary 5 years fall to around four-hundredth from the initial value. meaning it loses regarding V-J Day of the worth every year once the primary year.

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which of the following is not one of the common types of responsibility centers?

Answers

One of the less prevalent categories of responsibility centers is the revenue center. A responsibility center is a functional organization within a company with distinct goals and personnel.

An accountability center is what?

An operational unit or entity inside an organization that is in charge of all the duties and activities planned for that unit is known as a responsibility center. These facilities have their own aims, staff, goals, policies, and financial reports.

What types of responsibility centers are there?

A responsibility center may be a profit center, an investment center, a cost center, or any type of administrative center determined by the company. A sales office, a buying department with many sites, and a plant planning office are a few examples of responsibility centers.

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the gift of the magi questions and answers

Answers

The Magi's Present Important Issues:

What more money had Della saved for Jim's present?

What is Jim's full name in the story "The Gift of the Magi"?

What does money mean to you?

Money is a centralized medium of exchange that is generally recognized, recognized, and facilitates the exchange of goods and services. In an economy, money serves as a medium of return for various services and goods. The money system differs between governments and countries.

What is the significance of money in life?

Money enables us to satisfy our most basic needs, such as purchasing shelter and food and paying for healthcare.

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If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in gdp and income of $60,000, the mps would be equal to _____
A. 0.2
B. 0.4
C. 0.8
D. 2

Answers

Here, the change in saving is 12.000 and change in income is 60,000. Using MPS formula, that is, change in saving /change in income = 12000/60000 = 0.2. option A is the correct.

What Is the Marginal Propensity to Save (MPS)?

Economists can determine households' MPS by income level using information on household income and saving. Because MPS is not constant and can change depending on income level, this calculation is crucial. The MPS often rises with income since each new dollar is less likely to be spent on subsequent purchases as wealth improves and the capacity to meet requirements and wants. However, it's still possible that a consumer's savings and spending patterns might change in response to an increase in income.

Naturally, a higher paycheck enables one to more easily pay for living expenditures, giving one more room to save. A higher pay also opens up access to more expensive items and services.

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an n-year 4.75% bond is selling for 95.59. an n-year 6.25% bond at the same yield would sell for 108.82. the face and redemption amount of the bond is 100. find the yield rate.

Answers

The yield rate will be 0.02625.

95.59 = 100 + 100(0.02375 −j) a2n j. 108.82 = 100 + 100(0.03125 −j)a2n j. 95.59 −100/108.82 −100 =0.02375 −j/0.03125 −j = j= 0.02625.

The cost of a bond, commonly known as its "par value," is what the issuer must pay when it matures. In contrast, the face value of a stock is the cost established by the company issuing it at the time of issuance.

The price at which securities may be repurchased by the issuing business before their maturity date is known as the redemption value. If a bond's redemption value is higher than its purchase price, it was bought "at a discount". If the price paid for it is higher than the value redeemable for it, it is bought "at a premium".

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Which term refers to the use of the Internet at work for personal use?

A.
Crowdsourcing

B.
Cyberloafing

C.
Cyberthreat

D.
Jargon

Answers

B). Cyberloafing refers to the use of the Internet at work for personal use.

Cyberloafing is a term that refers to the act of spending a lot of time online without actually doing anything productive. It can be a way to escape from reality or to avoid dealing with problems.

It is considered a form of employee theft or misuse of company resources. Cyberloafing can include activities such as checking personal email, shopping online, playing games, or browsing social media sites. It can also include activities such as downloading music or streaming videos. Cyberloafing can have serious consequences for employers, including reduced productivity, increased bandwidth costs, and potential security risks.

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a car manufacturer decides to promote the sales of his product by offering discounts online via anemail campaign. consumers simply have to click on a link in the email, and they will be able to avail the offer. theadvantage of using this technique is that it not only increases brand awareness for the company, but also:

Answers

Obtains the email addresses and opt-in contacts of the customers.

What is brand awareness strategy?

Brand recognition is a measurement of how well consumers can identify your brand, as well as how "conscious" they are such that your brand even exists. Brand awareness is a concept rather than a single statistic that affects a wide range of KPIs, from traffic to social share of voice.

What is the most crucial factor in brand awareness?

The Strategic Planning Institute states that aggressive marketing and advertising are crucial for raising brand awareness and turning that awareness into market share. While brand recognition is not financially valuable on its own, it is a component of the overall marketing strategy that results in incremental sales.

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it has often been said that craft unions (electricians, carpenters, etc.) possess considerably greater power to raise wages than do industrial unions (automobile workers, steel workers, etc.). how would you explain this phenomenon in terms of demand elasticity

Answers

As if there is small decrease in wages electricians and carpenters will react more as their demand curve is more elastic due to so much labour available . where as in case of industries their demand curve is less elastic

The demand curve is a graphical illustration of the connection among the rate of an excellent or service and the quantity demanded for a given time period. In an ordinary representation, the charge will seem at the left vertical axis, the amount demanded on the horizontal axis.

The demand curve is primarily based on the demand for schedule. The call for timetable indicates precisely how many units of a good or service will be bought at various fee factors. it's miles crucial to notice that as the fee decreases, the quantity demanded increases.

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