Assuming the number of people employed falls by 2%. The elasticity of employment with respect to the minimum wage is -0.33.
Elasticity of employmentUsing this formula
Elasticity of employment=-Fall in number of employed people rate /Minimum wages rate
Where:
Fall in number of employed people=-2%
Minimum wages rate=6%
Let plug in the formula
Elasticity of employment=(-2/6)
Elasticity of employment=-0.33
Inconclusion the elasticity of employment with respect to the minimum wage is -0.33.
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In the trucking industry, demand for fuel remains relatively stable even in times when the price of fuel increases, indicating that demand for fuel in this segment is:.
Answer:
inelastic
Explanation:
How might advertising reduce economic well-being? alternatively, how might advertising actually increase economic well-being?.
Advertising your business can be quite costly so for start up businesses this can be hard to finance. This can reduce the business’ economic well being. Alternatively, if you advertise your business well that can bring in a whole new range of customers and their money. So this would increase your business’ economic well being
A decrease in consumer confidence can put your job at risk if Group of answer choices aggregate expenditures fall. consumers expect their incomes to rise in the future. aggregate expenditures rise. consumers expect firms to increase investment in the future.
A decrease in consumer confidence can put your job at risk if consumers expect their incomes to rise in the future.
What is consumer confidence?consumer confidence serves as an economic indicator which measures the degree of optimism as regards the consumers and overall state of a country's economy.
Therefore, consumer confidence can your job at risk if consumers expect their incomes to rise in the future and it doesn't rise.
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Crafter's Supply offers online 40% off coupons to shoppers. It is easy to go to the Crafter's Supply website, download the coupon, and apply it to an online purchase. This example shows that the biggest trend in sales promotion is the use of _______.
The requiement of using the crafter's supply website to download the coupon shows that the biggest trend in sales promotion is the use of the internet.
What are sales promotion?These are marketing strategy that uses a short-term campaigns to spark an interest and raise a demand for a firm product.
The use of coupon, lucky lottery, sales discount are all example of element of sales promotion.
In conclusion, today, the use of internet is the biggest trend in sales promotion.
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Question 5 of 10 The tax rate. percentage paid on income taxes is called the marginal O A fixed O B. incremental O C. total O D. average SUBMIT
Answer:
Its not D
Explanation:
I got it wrong :((
There are seven different kinds of kitchen scales available, each of which operates on a slightly different principle for calculation.
True
False
There are Seven different types of Kitchen Scales. They are,
1. Balance Scale
2. Mechanical Scale
3. Digital Scale
What is a Kitchen Scale?A kitchen scale is a weight machine that lets a person quantify the weight of a certain product.
4. Large Capacity Scale
5. Hanging Scale
Analog Hanging ScaleDigital Hanging Scale6. Top loading Dial Scales
7. Metric System Scale
The various kitchen scales are used by people for measuring and weighing the products. There are digital as well as analog scales which are used by the users based on their preferences for calculations.
The given statement is True.
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What is the name of the document which establishes the processes for selling stock, should the need arise
The name of the document which establishes the processes for selling stock, should the need arise is a Prospectus
What is a prospectus?A prospectus is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that gives explicit details about an investment offering to the public.
This document is very useful to investors because it provides and insight of the risks involved with investing in the security or fund.
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The difference between stocks and bonds in terms of the future payments that they are expected to make is multiple choice 1 stocks pay fixed dividends, wheras bonds pay a variable amount of interest at regular intervals. Bonds pay dividends out of profits, whereas stocks pay a predetermined amount of interest at regular intervals. Bonds pay fixed dividends out of revenues, whereas stocks pay a variable amount of interest at regular intervals. Stocks pay dividends out of profits, whereas bonds pay a predetermined amount of interest at regular intervals
The difference is that stocks pay dividends out of profits while bonds pay a predetermined amount of interest at regular intervals.
What is a stock and bonds?Stock means the shares owned in a business and bonds means an isused debt that promises to repay at some point in the future.
Hence, the difference is that stocks pay dividends out of profits while bonds pay a predetermined amount of interest at regular intervals.
Thereforem the Option B is correct
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Two members of the team Katya was managing were at odds over whose job it was to collect water samples and whose job it was analyze them for pollutants. Katya resolved the issue by assigning one team member to do the collecting and another to do the analyzing. In this example, which conflict-handling style did Katya use
The style used by Katya to resolved the issue is Dominating conflict-handling style
What is Dominating conflict-handling style ?A dominating style serves as a style which is characterized by high concern for self and low concern for others.
Therefore, this style is known to be a win-lose perspective or with forcing with behavior style.
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When an industry is a natural monopoly, a. it is characterized by constant returns to scale. b. it is characterized by diseconomies of scale. c. a larger number of firms may lead to a lower average cost.
When an industry is a natural monopoly, A. it is characterized by constant returns to scale.
A natural monopoly arises from high start-up costs or long economies of scale, and barriers to entry.
A natural monopoly is known for these characteristics:
It is naturally occurring.It has extraordinarily large fixed costs.The marginal costs are low.It has powerful economies of scale.Competition is Undesirable.Thus, when an industry is a natural monopoly, A. it is characterized by constant returns to scale.
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If the U.S. imports $500 billion worth of goods and services from China and sells $200 billion worth of goods and services, then the U.S. is running a
If the U.S. imports $500 billion from China and sells $200 billion worth of goods and services, then the U.S. is running a trade deficit.
What is a trade deficit?The trade deficit arises when the net exports are negative instead of positive.
A trade deficit describes the balance of trade, which is the difference between the monetary value of the United State's exports and imports over a certain period.
Thus, if the U.S. imports $500 billion from China and sells $200 billion worth of goods and services, then the U.S. is running a trade deficit.
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What does meeting minutes mean?
Answer:
Minutes, also known as minutes of meeting, protocols or, informally, notes, are the instant written record of a meeting or hearing
Explanation:
hope this helps
For a business, income remaining after payment of expenses is:
о
A. loss.
o B. capital.
O C. profit.
D. debt.
Answer:
The answer should be C. Profit
Explanation:
That is the total money they get after everything is payed for and restocked.
-Hope This Helps.
Justin
We have discussed at least two reasons for banks to exist, both of which imply that banks are somehow special, or perform a unique function for the rest of the financial society/world. Explain, in detail, the rationales developed by Fama, and by Diamond in their ground breaking papers. The best answers will quote extensively from the papers.
The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.
What is a bank?It should be noted that a bank simply means a financial institution that accepts deposit from the public.
In this case, banks are somehow special, or perform a unique function for the rest of the financial world. The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.
They also lend money to firms and keep money safe for the customers.
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When you buy Crest toothpaste at your local supermarket because you have a 50-cents-off coupon for it, even though that is not your regular brand, you are being influenced primarily by which promotional element
Sales promotion is a promotional element that makes you buy Crest toothpaste at your local supermarket because you have a 50-cents-off coupon.
What is sales promotion?A sales promotion is a strategy used to market products in a business, the business make of campaign as a medium of attracting individual who are potential customers.
This helps increase the demand for a particular products.
Therefore, Sales promotion is a promotional element that makes you buy Crest toothpaste at your local supermarket because you have a 50-cents-off.
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A bill that deals with such a diverse set of unrelated issues as environmental issues, tax issues, and criminal justice issues is likely to be a(n)
A bill that deals with such a diverse set of unrelated issues as environmental issues, tax issues, and criminal justice issues is likely to be an Omnibus bill
What is an Omnibus Bill?An omnibus bill is a bill that covers divers issues which is coupled into one document.
It is a single document which is accepted in a single vote by a legislature but encompasses several measures into one or combines diverse subjects.
Due to their large size and scope, omnibus bills limit opportunities for debate and scrutiny.
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Steve silversmith produces unique and exclusive sterling silver rings, pendants, buckles, and chains. steve pays one supervisor to oversee the work performed by several part-time silversmiths. he pays each silversmith to work 20 hours per week or 40 hours week, depending on production demand. he also hires a jewelry expert to perform quality assurance inspections and pays her based on the weight (per ounce of silver) of each piece inspected. the controller and the sales manager are discussing potential price increases due to the increasing cost of silver and increases in other costs.
required:
the following are several costs they are discussing. indicate whether each cost is a variable, fixed, step, or mixed cost within steveâs relevant range of activity.
a. depreciation on production equiepment
b. supervisor salary
c. packaging (each piece is packaged in a designer cartoon)
d. silver
e. part-time labor (silversmith)
f. production facility utilities
g. quality assurance
h. mortgage on the production facility
Economists have determined that the economy goes through a cycle of
growth and decline how often?
O A. Every 80-95 years
O B. Every 6-10 years
O C. Every 25-31 years
O D. Every 54-60 years
Economists have determined that the economy goes through a cycle of growth and decline Every 25-31 years. Thus the correct option is C.
What is the economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
The economic cycle is ditributed into four stages in which there are stages as expansion, peak, contraction, and trough which indicate the status of the economy in the country.
According to economists, the economy has cycles of expansion and falls every 25–31 years. This is dependent on both the development of technology and the rise in the income of an individual.
Therefore, option C Every 25-31 years is appropriate.
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A prime example of a Special Economic Zone, located adjacent to Hong Kong, is the city of Group of answer choices Guangzhou Beijing Shenzhen Chengdu Shanghai
The city of Shenzhen is a prime example of a Special Economic Zone that is located adjacent to Hong Kong,
What is a Special Economic Zone?These are zones that serves as an area of business and trade which are different from the rest of the country.
Some other examples of a Special Economic Zones includes Shannon Airport in Ireland, Dubai South in UAE, Xiamen in China etc
Therefore, the Option C is correct.
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enter information into accounting system means
Answer:
Answer:
Explanation:
These are the sales, cash receipts, cash disbursements, and purchases journals.
proceduresintegratedproceduresintegratedAnswerAnAnswerAn accounting system is a set of accounting processes with integrated procedures and controls. The intent of an accounting system is to record business transactions, summarize those transactions into an aggregated form, and create reports that can be used by decision makers to monitor, analyze, and improve operations.AnswerAnAnswerAnswerAnswer:
Explanation:
How many district courts are in the federal system?.
Because a majority of small business are rejected for traditional business loans, many ______ for short-term financing.
As a result of them being rejected for traditional loans, most small businesses end up applying for short-term financing.
Why do small businesses apply for short-term financing?Small businesses are considered risky by institutions who offer traditional business loans to the point where most of them are rejected.
As a result, they are forced to turn to short-term financing which comes with high rates and are therefore more expensive to obtain.
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Answer: Use credit cards
Explanation:
When direct labor is used as the overhead allocation base, the variable overhead efficiency variance ______. Multiple choice question. cannot be calculated will always be unfavorable will be favorable when the direct labor efficiency variance is favorable explains how efficient overhead resources were used
When direct labor is used as the overhead allocation base, the variable overhead efficiency variance will be favorable.
What is direct labor?It should be noted that direct labor simply means the production that is assigned to a specific product.
In this case, when direct labor is used as the overhead allocation base, the variable overhead efficiency variance will be favorable.
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Keith has set up a new burger joint in his locality. He is planning on introducing craft beers and milkshakes to the existing menu. Thus, the customers who visit his joint will have a range of options to choose from. This scenario exemplifies ________.
An identification of substitutes is done by Keith as he introducing new items to the existing menu so that customer will have ranges to choode from.
What is an identification of substitutes?This is a process whereby a seller plans to add some product that serves as subtitutes tp existing product.
Therefore, the identifying of substitutes is done by Keith as he introducing new items to the existing menu.
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The target audience for an advertising campaign is the Group of answer choices people toward whom the advertisements are directed. sales objective to be achieved by the campaign. overall goal of the advertising campaign. geographic distribution of persons. information base on which to develop the campaign.
The target audience for an advertising campaign is people toward whom the advertisements are directed.
What is advertising campaign?Advertising campaign refers to serious of product related activities designed to get the attention of customers.
Indidviduals and companies advertise in oder to increase awareness about their products and then sell them afterwards.
Hence, the target audience for an advertising campaign is choices people toward whom the advertisements are directed.
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____________ protects you against financial loss when your car damages other vehicles, street signs, or buildings.
Answer:
Collision insurance
Explanation:
Collision insurance replace your car if it's damaged in an accident with another vehicle or a object.
Which of the following best describes the purpose of making an investment?
O A. To have control over economic activity
B. To increase profits by paying higher wages
O c. To use money to make more money
O D. To keep the money supply growing
Answer:
C. to use money to make more money
Explanation:
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[Quality of Services Marketing]
1. Which of the following is an example of a B2B internet service? [Answer: Tech Support]
2. Many companies have sophisticated tracking software [Answer: Critical incident technique]
3. Which of the following is not a characteristic of a service? [Answer: Reliability]
4. What is the encounter between service-consumer that occurs during delivery of the service is known as? [Answer: Experince qualities]
5. Your local credit union offers a variety of services to its members [Answer: Fresh-baked cookies and gourmet cookies]
6. The measure of the difference between a customer's expectation [Answer: Gap analysis]
7. Shepherd University is launching new services to attract more students [Answer: Bachelor's degrees]
8. A large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy. [Answer: Offering free coffee tastings]
9. John always takes his car to the same place for an oil change. [Answer: Augmented]
10. Which of the following is not a service of quality attribute? [Answer: Response qualities]
- You can thank me by thanking my previous answers, would be very appreciated -
All of your answers are correct.
The questions given and their appropriate responses can be seen below:
1. Tech Support is an example of a B2B internet service.
2. Many companies have sophisticated tracking software - Critical incident technique.
3. Reliability is not a characteristic of a service.
4. Experience qualities is the encounter between service-consumer that occurs during delivery of the service
5. Your local credit union offers a variety of services to its members such as Fresh-baked cookies and gourmet cookies.
6. Gap analysis is the measure of the difference between a customer's expectation.
7. Shepherd University is launching new services such as Bachelor's degrees to attract more students.
8. Offering free coffee tastings is a large store that sells groceries also has a large pharmaceuticals section with a 24-hour pharmacy.
9. John always takes his car to the same place for an oil change - Augmented
10. Response qualities is not a service of quality attribute.
What is Service marketing?This is defined as the marketing that businesses that provide a service to their customers use to increase brand awareness and sales.
The answers to the questions given can be seen appropriately given above.
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Things that you value that are stored digitally, such as digital photographs or
gift card codes, are
O A. cryptocurrencies
O B. digital assets
O C. biometrics
O D. digital devices
Think about the last purchase you made at a store. Did you know that when you made that purchase, you actually helped the economy to grow? How did your purchase do that?
Answer:
See below
Explanation:
By making that purchase, the industry you paid to made a profit. Profit helps countries to increase their GDP, therefore the economy has grown.
Answer:
The store owner used the money earned from the purchase to pay wages to the store’s employees. Those employees then bought other goods and services. When they paid for those items, that store in turn paid its employees, and so the cycle continues.
Explanation:
edmentum
