Answer:
The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.
Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.
Explanation:
From the question, we have:
New number of hours willing to work = 10
Old number of hours willing to work = 4
New wage = $40
Old wage = $25
Generally, the formula for calculating the price elasticity of labor supply is as follows:
Price elasticity of labor supply = Percentage change in hours willing to work / Percentage change in wage ................ (1)
Where, based on the midpoint formula, we have:
Percentage change in hours willing to work = {(New number of hours willing to work - Old number of hours willing to work) / [(New number of hours willing to work + Old number of hours willing to work) /
2]} * 100 = {(10 - 4) / [(10 + 14) / 2]} * 100 = 50%
Percentage change in wage = {(New wage - Old wage) / [(New wage + Old wage) / 2]} * 100 = {(40 - 25) / [(40 + 25) / 2]} * 100 = 46.1538461538462%
Substituting the values into equation (1), we have:
Price elasticity of labor supply = 50% / 46.1538461538462% = 1.08333333333333
Approximated to 2 decimal places, we have:
Price elasticity of demand = 1.08
The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.
Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.
On August 14, 2020, Washington declared a 2-for-1 stock split. At the time of declaration, shares were selling for $114/share. Through the first two quarters of the fiscal year, Washington recorded a net loss of $6,500. How will Washington’s stockholders’ equity section change as a result of this information?
Answer:
Follows are the description of the equity section change:
Explanation:
Washington announced a split stock of 2-for-1 on 14 August 2017, in which securities are exchanged for $114 per stock only at the time of announcement. It also reported a net loss of $6,500 in the first two quarters of its financial year. This amount of shares would rise to 30 000, as well as the par value would drop to 12,50 cents per month, and capital throughout the shareholders would fall to 528 500 dollars. As just a result of such knowledge, will the equity division of Washington transformation.
Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour; baby-sit for your neighbor earning $10 an hour; or go to the movies and pay $6 for a ticket. You choose to go to the movies. What is your opportunity cost?
Answer:
the opportunity cost is in the case when you choose to go to the movies is $20
Explanation:
The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:
= Earning per hour × number of hours
= $10 × 2 hours
= $20
Hence, the opportunity cost is in the case when you choose to go to the movies is $20
Why did the United States interfere in Iran in the 1950s? What was the result of their interference?
Answer:
Because Iran has oil and sells it to U.S. Iran minister doesn't want to do business with U.S. anymore.
Explanation:
The results were the U.S. would sponsor in Iran to replace existing gov't to be more western friendly.
Suppose the supply function for avocados is Q = 58 + 15p - 20p_f. where P_f is the price of fertilizer. If the price of fertilizer rises by $1.10, how will this affect the supply curve for avocados? If the price of fertilizer rises by $1, 10, then the supply of avocados will change by units at each price. (Enter your response as a whole number and include a minus sign if necessary.) Using the line driving tool, show how an increase in the price of fertilizer affects the avocado supply curve. Label this new supply curve 'S^2.' Carefully follow the instructions above, and only draw the required object.
Answer:
-22.
There will be the decrease in price hence the supply curve shifts to the left.
Explanation:
So, it is given from the question above that the supply function for avocados is Q = 58 + 15p - 20p_f.
The p_f given in the question = $1.10 which is the price given for the fertilizer as it rises that is to say it rises at that amount.
If the price increases by $1.10, then we have a reduction of -( 20 × 1.10) = -22.
Kindly note that the negative sign denotes the reduction in supply. This reduction causes the supply curve to shift to the left.
The diagram for the supply curve Is given in the attached picture.
Introduce professions related to public service with examples.
Answer:
Social worker
Explanation:
Social workers are people who work with family & communities to help people solve and manage problems in their everyday lives.
Hope this helped!
Why is profit maximization supposedly not the most important goal of a company? Explain your answer by citing real life situations
Answer:
Profit maximization refers to a method adopted by the company to earn more amount of profit through its business operations and investments. Under this, a firm focuses that every decision should contribute profit in the account of the organization.
Explanation:
Write your understanding of the Factors to Consider in the Selection of Vegetables for Culinary.
Answer:
when shopping vegetables, key factor are firmness and color.
State two advantages of advertising in a newspaper compared to radio advertising.
Answer:
Radio advertising is come and gone once it plays so people can miss it.
Newspaper advertising is cheaper.
Explanation:
How do I record on windows computer
Explanation:
Navigate to the screen you wish to record and press Win+G to open Game Bar. Several Game Bar widgets appear on the screen with controls for capturing screenshots, recording video and audio, and broadcasting your screen activity. Click the Start Recording button to capture your screen activity.
Answer:
you'd need to download software for recording. as far as i know windows doesnt have built in recording capabilities. are you looking at screen recording or just sound?
Explanation:
Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its average costs per unit are as follows:
Average cost per unit
Direct Materials $4.60
Direct Labor $4.20
Variable manufacturing overhead $1.40
Fixed manufacturing overhead $8.00
Fixed selling expense $3.20
Fixed administrative expense $1.70
Sales commissions $0.70
Variable administrative expense $0.65
If the selling price is $23.00 per unit, the contribution margin per unit sold is closest to:
A: $17.45
B: $0.30
C: $14.65
D: $5.80
The 10-year bonds of Gator Corporation are yielding 8% per year. Treasury bonds with the same maturity are yielding 6.4% per year. The real risk-free rate (r*) is expected to be constant at 3%. The average inflation premium is 2.5% and the maturity risk premium takes the form: MRP = 0.1%(t-1), where t = number of years to maturity. If the liquidity premium is 0.5%, what is the default risk premium on the corporate bond?
a.) 0.7%
b.) 1.10%
c.) 1.00%
d.) 0.9%
Answer:
The correct option is b.) 1.10%.
Explanation:
This can be calculated using the following formula:
Default risk premium = Annual bond yield - Real risk-free rate (r*) - Average inflation premium - Maturity risk premium - Liquidity premium ............ (1)
Where;
Annual bond yield = 8%
Real risk-free rate (r*) = 3%
Average inflation premium = 2.5%
Maturity risk premium = 0.1% * (t - 1), where t = 10
Liquidity premium = 0.5%
Substituting the values into equation (1), we have:
Default risk premium = 8% - 3% - 2.5% - (0.1% * (10 - 1)) - 0.5%
Default risk premium = 8% - 3% - 2.5% - 0.9% - 0.5%
Default risk premium = 1.10%
Therefore, the correct option is b.) 1.10%.
Millions of software programs have been created and have helped to improve the economy. This is an
example of
O new business
self-confidence
taxes
O demand for products
new technology
Answer:
new technology.
Explanation:
An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.
Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.
Additionally, an information system or technology comprises of five (5) main components;
1. Hardware.
2. Software.
3. Database.
4. Human resources.
5. Telecommunications.
Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.
Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.
Suppose Pepsi-Cola which includes Mount dew and several other sodas purchase Coca-Cola and cokes families of sodas to form one large metal company what do you believe would happen to the price of sodas in the United States
The Department of Labor's Occupational Outlook Handbook lists civil service job openings with federal agencies.
True
False
Answer:
false
Explanation:
Which of the following demonstrates responsibility?
a nurse who gets along well with his coworkers
a manager who makes customers happy by keeping a positive attitude
a technician who knows how to operate a machine
a doctor who stays late to get her work done on time
Answer:It's D a doctor who stays late to get her work done on time
Explanation:
Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of to identify a replacement for him.
The correct question is:
Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of _____________ to identify a replacement for him.
Answer:
Succession planning
Explanation:
Succession planning is the process by which new leaders in an organisation are identified and developed to adequately fill in the role of departing leaders.
This process is important as it prepares experienced staff to take up responsibility in cases of resignation, retirement, or death of a leader.
In the given instance Brother Ed Phalen served as the Executive Director of the center for more than two decades.
Considering his retirement he would need to get someone to take over leadership role from him.
So he and the the board of directors will need to begin a succession plan to identify his replacement
heLlLlllPpppPpp meEEEeEe
Brianna has a part-time job which pays $3,637 for the year. During the year $837 is taken out for Federal Taxes. At the end of the year when taxes are calculated, Brianna discovers that only $546 needed to be paid in taxes. How much of a refund will Brianna receive?
Answer:
$291
Explanation:
The amount of refund that Brianna ought to receive is the difference between the taxes paid and what needed to have been paid.
Brianna paid $837 but $546 was the right amount to pay.
Refund = $837 - $546
Refund = $291
Your gross income is 10,000 a month before taxes, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,000 per month. What is your monthly personal debt ratio.
A. 85%
B. 25%
C. 40%
D. 30%
I’m in between B and C because if you take away the 20% for taxes, you get 8,000 and 2000/8000 is 25%, BUT 2000 is 20% of 10000 and plus the 20% for taxes is 40%. What do I do?
Answer:
c because isnt 2000=20% of 10000 so 40%
Explanation:
Which financial statement summarizes a business’s incomes and expenses?
The main purpose of the BLANK statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.
Answer:
Income statement.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The income statement is a financial statement that summarizes a business’s incomes and expenses.
Hence, the main purpose of the income statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.
help me help me help me
Grace has a part-time job which pays $3,329 for the year. During the year 19% is taken out for Federal Taxes. At the end of the year when taxes are calculated, Grace discovers that only 12% needed to be paid in taxes. How much of a refund will Grace receive?
Answer:
234.03
Explanation:
If you do the math and multiply both the percentages by 3329 and subtract them you’ll get the answer! To multiply you have to turn the percentages into decimals
Some people will obtain a bachelor’s degree with a focus in fashion design. Then to increase their skill set, they may also obtain a(n) _[blank]_ in a different degree like marketing.
Which best completes the sentence?
do u think it is a CTE or something else?
Answer:
Some people will obtain a bachelor’s degree with a focus in fashion design. Then to increase their skill set, they may also obtain a certificate in a different degree like marketing.
Explanation:
A marketing certificate is useful in providing you with a training in marketing skills, such as customer development, market research and strategic brand management. Having a certificate in marketing would help increase your skill set. It is a way of enhancing your knowledge by learning different marketing theories. It also increases the chances of an individual to secure a very good job.
Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valuable product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide _______ for money.
Answer:
Price skimming
value for money
Explanation:
Price skimming is the pricing strategy in which businesses charge higher prices for the product initially and then start to reduce the price. The customers pay the high price charged for the product because of unique features of the product. Customers find the product value for money and so they are satisfied with the high prices.
Why is education considered a "public good" in the United States?
Answer:
I don't know but public is A Kind of Lesson that you can learn more
Explanation:
(づ￣ ³￣)づhappy to help
Miles was giving his client a shave when he nicked his client's cheek, which started to bleed. What should he do to be safe while working?
Select the best option.
Wipe the blood away and continue.
Ask the client to leave and seek medical treatment
Ask the client to hold cotton to the site until the bleeding stops, then continue
Keep working, since the bleeding will stop soon
Ask the client to hold cotton to the site until the bleeding stops, then continue
The demographics of their target market are extremely important for companies to know in order to determine how they'll advertise their product/service
True
or
False
1. What is the difference between the consumer market and the business market?
Answer:
Business markets refer to organizations, businesses, or entities that acquire products and services for use in the production of other services and products. On the other hand, consumer markets refer to markets where producers sell their products or services directly to the final consumers.
Explanation:
what kind of motion is one dimensional motion?
Answer:
Translational motion
Explanation:
One dimensional motion simply means the movement of an object or body along one single plane, the plane of motion is usually a straight line. Rectilinear or translational motion ias a ckas of motion which uni-dimensional. Motion which occupied along a single plane includes, movement of cars along a straight line or path, the motion of a shot gun or the motion of athletes along a 100m shirt distance run. Hence, bodies which moves along a straight path could be said to exhibit a one dimensional state of motion.
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company has a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.
as much advertising to fans as possible
B.
mutually beneficial exchanges
C.
selling as much merchandise as possible
D.
choosing the right sponsors
Answer:
A. as much advertising to fans as possible
Explanation:
The event triangle is made up of these 3 components
1. The participants
2. The sponsors
3. The spectators
Here the fans represent the spectators. They are the most critical factor of the event triangle .
The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.
The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.
Primarily they provide necessary financial support for the event plus the money made from adverts.
if you can give me the sample answer, ill give brainliest
Identify at least five different Marketing, Sales, and Service or Transportation, Distribution, and Logistics careers that you could pursue in your home state, and choose the three that appeal to you the most. Out of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you:
Answer:
Five careers within the Marketing, Sales, and Service cluster or the Transportation, Distribution, and Logistics cluster that would be interesting to me are pilot, aerospace engineering and operations technician, marketing manager, real estate broker, and assessor. Of those careers, the ones that would be best suited to my skills and abilities are marketing manager, pilot, and real estate broker.
I would be interested in becoming a real estate broker, because it would give me a chance to work with people, helping them buy and sell property. I could help them negotiate prices, closing costs, and other factors between the buyer and seller. I would need to know how to use a computer to upload lists of properties for sale. In order to do all of this, it would be important to have great customer service, interpersonal, negotiation, persuasion, communication, critical thinking, and computer skills.
To prepare for this position, it wouldn’t be necessary to go to college, but I think it would be helpful to get at least a bachelor’s degree. I could attend the University of Pennsylvania, where I could study economics or business. I could attend the University of Illinois Urbana–Champaign, where I could study finance and specialize in real estate. I could also consider attending the University of Florida, where I could get a minor in real estate or complete a master’s degree in business administration with a concentration in real estate.
After completing my education, I would be prepared to start my own business and hopefully make over the median salary of $57,360 each year.
Explanation:
Alpha Home has a pay range of $10.50 to $12.00 per hour for sales associates in its stores. As the local economy picks up, most stores start offering $11.00, so Alpha does the same. But then workers with two years experience are eaming the same as new hires. What issue is facing HR managers? A. Fair pay for interns B. Ecual pay for comparabe worth 6. Equal pay for equal work D. Wage-rate compression
Answer:
Wage-rate compression.