Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.
How much overhead should be applied?This can be found as:
= Direct materials x Predetermined overhead rate
Solving gives:
= 80,000 x 160%
= $128,000
In conclusion, the overhead cost to be applied is $128,000.
Find out more on predetermined overhead rates at https://brainly.com/question/26372929.
#SPJ1
Statements that show the effects of proposed transactions as if the transactions had already occurred are called:
Proforma statements are those that depict proposed transactions' results as if they had already happened.
What are Proforma statements?There are several aspects of corporate decision-making that rely heavily on figures. You must show that your ideas are financially sound in order to gain support from important stakeholders, attract investors, and strategically plan.
A historical snapshot of a company's performance can be provided by some financial documents, such as balance sheets, income statements, cash flow statements, and annual reports, but they sometimes lack the ability to provide foresight when making future planning decisions. Because of this, professionals frequently use predictions and financial projections to inform their decisions and provide crucial "what if" scenarios. A frequent kind of projection that can be helpful in these circumstances is pro forma financial statements.
Learn more about Proforma statements here:
https://brainly.com/question/2554101
#SPJ4
When convertible bonds are first issued I. the conversion price of the stock is higher than the market price. II. the market price of the stock is higher than the conversion price. III. the coupon rate is higher than if the bond were not convertible. IV. the coupon rate is lower than if the bond were not convertible.
When convertible bonds are first issued
the conversion price of the stock is higher than the market price.the coupon rate is lower than if the bond were not convertible.Why are convertible bonds issued?Convertible bonds are issued by businesses to reduce their debt's coupon rate and postpone dilution. The number of shares an investor will receive in exchange for a bond depends on its conversion ratio. If the stock price is higher than if the bond were to be redeemed, companies can force the conversion of the bonds.
What is a convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a predetermined number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option.
What benefits do convertible bonds offer?The interest expense reductions from convertible bonds can be substantial. Convertible bonds often have lower interest rate payments than straight corporate bonds. The conversion option gives investors the chance to profit from gains in stock price, so they accept the reduced interest payments. May 10, 2021.learn more about convertible bonds here https://brainly.com/question/14954723
#SPJ4
Perfectly competitive firms produce up to the point where the price of the good equals the marginal cost of producing the last unit. This condition is referred to as
The condition in which the price equals the marginal cost is commonly known as allocative efficiency.
What is allocative efficiency?This is a concept used in business to refer to an equilibrium between the price and the marginal cost. This concept implies there is perfect competition and therefore, the products and services are equally distributed.
What would happen if there is allocative innefficency?This implies the price of a product or service is not efficient.
Learn more about allocative efficiency in: https://brainly.com/question/13195743
#SPJ1
planning is the process of identifying long-term organizational goals, strategies, and resources. a. Prospect b. Strategic c. Vertical
the type of planning mentioned in the question is strategic planning
Long term strategic planning-
The key to a a success long-term strategic planning system is to be able to pick out the central capabilities you'll require, after which start straight away to broaden or to accumulate the core capabilities in order to be strongly located for the markets and opposition in the future. To have a a successful planning system, you should take the essential steps withinside the brief time period to assure that you'll reap the profitability which you prefer within the long time period. This capacity to suppose long-term has in no way been greater crucial or greater treasured than it is today. It is an actual key to profitability.
Learn more about long term strategic planning here: https://brainly.com/question/16538679
#SPJ4
Parul works for a state agency that conducts random checks of financial records and transactions after expenditures and reviews accounts of disbursing officers of all state funds to assure legal compliance. What function does Parul perform for the state
Parul is performing auditing function.
What is auditing?Auditing is a process of examination of various books of accounts by an auditor to make sure that all departments are following documented system of recording transactions.
It s a proper inspection of financial records and transactions which is done to ascertain the accuracy of financial statements.
The three types of auditing are external audits, internal audits, and Internal Revenue Service (IRS) audits.
Learn more about the auditing here:-
https://brainly.com/question/14652228
#SPJ1
Silis Autos is known for its affordable and reliable brand of consumer vehicles. Because its shareholders expect to see an improved rate of growth in the coming years, Silis' executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. However, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (ATVs). Which type of corporate diversification strategy should Beagle pursue
Beagle should pursue a related-unlinked corporate diversification strategy.
What are strategies for diversification?Businesses that employ diversification techniques enter brand-new industries. Diversification necessitates entering new value chains, as opposed to vertical integration, which includes a company entering a new portion of an existing value chain. Many businesses do this through merging or buying other businesses, while some simply grow into new markets on their own.
What are the three diversification evaluation criteria?These three requirements must be met in order for a proposed diversification strategy to be accepted.
Test of Attractiveness: How appealing is the market a company is considering entering? Entering a new industry can be exceedingly hazardous unless it has significant profit potential.
Cost-of-Entry Exam: What is the expected entry fee for this industry? Executives must be certain that their company can recover the costs it incurs in order to diversify.
Better Off Test: Will the new unit and the company benefit more as a result? Diversification ought to be avoided until one party or the other acquires a competitive advantage.
Learn more about diversification strategy with the help of the given link:
brainly.com/question/16876041?referrer=searchResults
#SPJ4
A firm attempting to reduce the size of its workforce may use several approaches. The approach most likely to be saved as a last resort is
The approach most likely to be saved as a last resort for a firm aiming to reduce its workforce is Firing.
What is Firing?Firing implies that a representative's occupation is ended because of reasons, for example, unfortunate work execution or exploitative way of behaving like taking organization hardware. In any case, a business can terminate laborers with no legitimate explanation assuming they're freely representatives.How to legally fire?Refrain from escalating a sensitive situation. Do not abruptly break the news, use profanities, or reprimand the employee in front of other workers.Follow the laid-out discipline strategy. On the off chance that the handbook says to give a verbal admonition, a composed admonition, and a trial period, then, at that point, do each step.The handbook additionally ought to give you the option to end laborers quickly who take part in serious wrongdoing.However, prior to skirting moderate discipline, make certain of the realities. Hearing bits of gossip about bad behavior from others is sufficiently not. Lead an intensive examination, then ask the worker for his side.Hence, Firing is most likely to be used as a last resort by a company looking to decrease its personnel.
To learn more about Firing refer to:
https://brainly.com/question/2211502
#SPJ4
Cost-volume-profit analysis helps managers predict how changes in and levels affect income. True or false?.
It's true that Cost-volume-profit analysis helps managers predict how changes in and levels affect income.
Cost-volume-profit analysis, also commonly referred to as break-even analysis, seeks to determine break-even points for different sales volumes and cost structures. This is useful for managers when making short-term business decisions.
CVP analysis makes some assumptions, such as constant selling prices and fixed and variable costs per unit. Performing CVP analysis involves using multiple equations for the price, cost, and other variables. These equations are plotted on the economic chart.
The CVP expression can also calculate the break-even point. The break-even point is the number of units you sell or the amount of revenue you need to generate to cover the manufacturing costs of your product.
Learn more about Cost-volume-profit here: https://brainly.com/question/16965498
#SPJ4
What two steps can a project manager take to overcome the planning fallacy?
Two steps that a project manager should take to overcome the planning fallacy are:
A) Meet with teammates to uncover potential risks.
C) Consider all risks and carefully examine them.
The planning fallacy is a phenomenon in which predictions about how an awful lot of time might be wished to finish a future task show an optimistic bias and underestimate the time needed.
commonly, participants in those research show off the making plan fallacy. As an example, college college students are generally renowned that they've commonly completed beyond assignments very close to their deadlines, yet they insist that they will end the following undertaking well in advance of the brand new cut-off date.
The making plans fallacy refers to a prediction phenomenon, all too familiar to many, wherein humans underestimate the time it'll take to finish a future task, in spite of the information that previous responsibilities have commonly taken longer than planned.
The question is incomplete. Please read below to find the missing content.
What two steps can a project manager take to overcome the planning fallacy?
A)Meet with teammates to uncover potential risks.
B)Expand the project’s scope.
C)Consider all risks and carefully examine them.
D)Increase the project’s budget.
Learn more about the planning fallacy here brainly.com/question/9087023
#SPJ1
If an input necessary for production is in limited supply so that an expansion of the industry raises costs for all existing firms in the market, then the long-run market supply curve for a good could be a. perfectly elastic. b. upward sloping. c. perfectly inelastic. d. downward sloping.
The correct option is, (b) upward sloping.
If an input necessary for production is in limited supply so that an expansion of the industry raises costs for all existing firms in the market, then the long-run market supply curve for a good could be upward sloping.Why is curve upward sloping?The AE curve shifts down as r increases, shifting the intersection of the AE curve and 45 degree line to the right with a greater semi-equilibrium level of Y. This results in an upward slope for the IS curve.Is the IS curve upward or downward sloping?The downward slope of the IS curve results from the fact that when interest rates down, investment rises, increasing output. The LM curve depicts the equilibrium of the money market. Because increased income raises demand for money and raises interest rates, the LM curve has an upward slope.
Learn more about upward sloping here:
https://brainly.com/question/14290553
#SPJ4
An income statement reporting variances from standard costs a.follows GAAP. b.is for either internal or external use. c.is for external use only. d.is for internal use only.
d.is for internal use only. is the answer
An income statement is one of a company's financial statements that shows the company's income and expenses over a particular period of time. This shows how revenue is converted into net income or net income.
The income statement is a report showing how much a company has made in a given period of time (usually a year or part of a year). The income statement also shows the costs and expenses associated with generating that income. Also known as an income statement (P & L), it is usually prepared quarterly or yearly.
It also shows whether the company is making a profit or losing money for a period of time. The income statement, along with the balance sheet and cash flow statement, helps you understand the financial position of your business.
Learn more about income statement here:https://brainly.com/question/26252171
#SPJ4
An investment will pay you $95,000 in 10 years. If the appropriate discount rate is 9 percent compounded daily, what is the present value
The present value of the investment future value is $38,628.40
What is present value?
Present value is the today's worth of a future amount when discounted or expressed in today's dollar equivalence.
The present value of a single future cash flow can be determined using the present value formula below:
PV=FV/(1+r/365)^(N*365)
PV=present value=unknown
FV=future value=$95,000
r=discount rate=9%
N=number of years before the future amount is received=10
365 is an indication of number of years in a year since discounted is compounded daily.
PV=$95,000/(1+9%/365)^(10*365)
PV=$38,628.40
The present value can be further understood using the link below:
https://brainly.com/question/18490474
#SPJ1
________ is an accounting procedure for systematically spreading the cost of a tangible asset over its estimated useful life.
depreciation is an accounting procedure for systematically spreading the cost of a tangible asset over its estimated useful life.
The term depreciation refers to the accounting method used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of the value of an asset has been used. It allows businesses to generate income from the assets they own by paying them over a period of time.
From an accounting perspective, depreciation is defined as a systematic reduction in the recorded cost of a fixed asset until the value of the asset becomes zero or negligible. Examples of fixed assets include buildings, furniture, office equipment and machinery.
Learn more about depreciation here:https://brainly.com/question/25785586
#SPJ4
A company with technical support staff in another country mostly benefits from changes to.
A company with technical support staff in another country mostly benefits from changes to communications.
A verbal exchange degree specializes in how humans engage and talk with each other. Previous to the digital age, communication diploma programs had been restrained to the take a look at of verbal interactions and communique in traditional print mediums consisting of newspapers.
Communications experts deal with public relations, statistics output, and media requests. They can also plan social media campaigns or marketing efforts for a commercial enterprise. Universal, make sure an enterprise has high-quality and powerful marketing each time a marketing campaign is within the works.
Nowadays, possibilities abound for the communique grad, and they're wider attaining and better paying than ever. As an example, the 2015 median pay for writers become extra than $60,000, editors and public relations specialists greater than $fifty six, 000 and for technical writers it was greater than $70,000.
Learn more about communications here https://brainly.com/question/26152499
#SPJ4
Answer: b. communications
Explanation:
An optimizing consumer will select a consumption bundle in which Group of answer choices income is maximized, and prices are minimized. utility is maximized, and prices are minimized. utility is maximized, subject to budget constraints.
An optimising consumer will select a consumption bundle in which Group of utility is "maximized."
What is an Optimising consumer?When consumers are able to obtain the highest indifference curve for their specific level of income within the budget constraint, optimisation takes place.
The experience of customer optimising depends on-
by respecting consumers' time, being friendly, offering resources that are knowledgeable, andresourcefulThe process for optimising a product is-
Use stunning pictures to promote your products.Include many images.In the page's title tags and product descriptions, use keyword phrases that are pertinent to the item.Share endorsements and client feedback.A good image spacing will prevent an overly busy appearance.To know more about indifference curve, here
https://brainly.com/question/24302783
#SPJ4
How many business days after you submit your application will you receive a loan estimate form?.
Within three business days after you submit your application will you receive a loan estimate form.
A Loan Estimate is a three-page form that you receive after making use of a mortgage. The mortgage Estimate tells you crucial information about the loan you've got requested. The lender ought to offer you a mortgage Estimate within three enterprise days of receiving your utility. The Loan Estimate is a shape that took impact on Oct.
The mortgage estimate let you apprehend any mortgage you follow, whether you're buying a domestic or refinancing one. For the amount, kind, and term of the loan you've implemented, the loan estimate will show your projected final prices, monthly price, interest charge, and annual percentage charge, amongst different info.
The Loan Estimate has to be provided to purchasers no later than three enterprise days when they post a mortgage application. the second shape (final Disclosure) is designed to provide disclosures as a good way to be useful to customers in understanding all the fees of the transaction.
Learn more about the loan here https://brainly.com/question/26054995
#SPJ4
Allison is facing challenges because of changes to the toy product lines and quality goals. Which category of pressure for organization change is she contending with
The category of pressure for organization change is she contending with is: Competition
What is Competition?Competition can be defined as the process of competing with others or the pressures for organization change by competing with competitors, leading to creating products with more characteristics or features .
Hence, based on the scenario the category of pressure for organization change is she contending with is Competition.
Learn more about competition here:https://brainly.com/question/10846994
#SPJ1
The diamond-water paradox arises because Multiple Choice the marginal utility of certain products increases, rather than diminishes. we sometimes fail to use money as a standard of value. essential goods may be cheap, while nonessential goods may be expensive. essential goods are always higher priced than nonessential goods.
The diamond-water paradox arises because essential goods may be cheap while nonessential goods may be expensive.
What do you mean by diamond-water paradox?The dilemma of value, also referred to as the diamond-water paradox, describes the significant disparity in cost between some important items and non-essential ones. In a market economy, the cost of many necessities for human life is significantly lower than the cost of less necessary necessities.Why does the paradox of value between diamonds and water arise?Water is clearly more valuable as a scarce resource than the luxury of having a diamond. Customers are forced to decide whether to buy one more diamond or one more unit of water as demand rises. The concept of marginal utility describes this idea.Why is marginal utility for diamond High?Diamonds, Due to the limited availability of diamonds, people are likely to operate near the vertical axis, somewhat high on the marginal utility curve. In other words, the amount consumed is not that large.
Learn more about diamond-water paradox here:
https://brainly.com/question/13530249
#SPJ4
Caterpillar is a manufacturer of heavy equipment. The company imports steel parts such as buckets for end loaders from China. Once the products arrive from China, Caterpillar must remove rust from the items that developed during ocean transport. What area of the marketing mix best characterizes this issue related to the imported steel parts
Answer - Place.
Place is the area of marketing mix that best characterizes this issue.
How the issues of rust takes place?
Because Seawater contains a significant concentration of dissolved salts and is very corrosive to steel, infrastructure and assets in or near marine environments are particularly susceptible to corrosion. Efforts to mitigate corrosion in marine environments continue as industries develop and implement solutions to prevent asset degradation.Strategy to address this Issue.
The overarching strategy is to keep the expected service life of the steel parts in mind. Usually a steel part is designed to meet a 25-year life at the lowest cost. At the design stage, an analysis determines whether it is most profitable to initially invest in higher-cost materials that will reduce maintenance costs over time, or to use more economical materials up front and plan for higher maintenance costs as the steel is maintained throughout its service life.This strategy addresses the life of the steel from the cradle to the grave. Once initial construction costs are determined, expected consequences and their costs are plotted over time. Then the most economical approach for a successful 25-year life is selected. This approach requires sound economic policy and an appropriate projection of probable consequences over time.Learn more about Import/Export issues from the given links.
https://brainly.com/question/4979016
https://brainly.com/question/25534019
#SPJ4
What types of property are a regular investment target of pension funds, publicly traded real estate companies, and real estate funds, large commercial properties valued well over $10 million ?
investment-grade properties are a regular investment target of pension funds, publicly traded real estate companies, and real estate funds, for large commercial properties valued at well over $10 million.
What are pension funds?Any plan, fund, or scheme that offers retirement income is referred to as a pension fund, also known as a superannuation fund in some countries. Pension funds are collections of monetary contributions from pension plans established by employers, unions, or other groups to cover the retirement benefits of their members or employees.
Up until recently, the majority of pension funds' investments were made in stocks and bonds, frequently employing a liability-matching technique. These days, they put more money into a wide range of asset sectors, including infrastructure, private equity, real estate, and commodities like gold that can act as inflation hedges.
To know more about pension refer to: https://brainly.com/question/15685653
#SPJ4
You find a zero coupon bond with a par value of $10,000 and 13 years to maturity. The yield to maturity on this bond is 5 percent. Assume semiannual compounding periods. What is the dollar price of the bond
The answer is $5262.347.
Given,
Zero coupon bond with par value = $10,000
Maturity time period (in years) = 13 years
Yield to maturity (YTM) (in percentage) = 5% = 0.05
semi-annual compounding periods.
Semi-annual compounding periods mean that the interest received on this bond will be compounded semi-annually.
The formula for the valuation of the bond is as follows:
Value of bond = [tex]\frac{Par value}{(1+\frac{YTM}{2}) ^{(2*time period)} }[/tex]
Now substituting the given values in the above mentioned formula for the valuation of the bond we get,
=[tex]\frac{10,000}{(1+\frac{0.05}{2}) ^{(2*13)} }[/tex]
=[tex]\frac{10,000}{(1+0.025) ^{26} }[/tex]
= [tex]\frac{10,000}{(1.025)^{26} }[/tex]
= 10,000 / 1.9002927
= $5262.347
Hence, the dollar price of the bond is $5262.347.
Learn more about Bonds:
https://brainly.com/question/25596583
#SPJ4
Performance Bicycle Company makes steel and titanium handlebars for bicycles. It requires approximately one hour of labor to make one handlebar of either type. During the most recent accounting period, Barr Company made 7,900 steel bars and 2,100 titanium bars. Setup costs amounted to $33,000. One batch of each type of bar was run each month. If a single companywide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
The amount of setup cost assigned to the steel bars will be:$26,070.
Overhead cost allocated to steel bars
First step
Overhead rate on the basis of direct labor = Total Overhead / Total labor hours
Overhead rate on the basis of direct labor=33,000/(7900+2100)
Overhead rate on the basis of direct labor = 33,000/10,000
Overhead rate on the basis of direct labor =3.3
Second step
Overhead cost allocated to steel bars:
Overhead cost allocated to steel bars = 3.3×7900
Overhead cost allocated to steel bars= $26,070
Therefore the amount of setup cost assigned to the steel bars will be:$26,070.
Learn more about Overhead cost here:https://brainly.com/question/13057701
#SPJ1
NEED AN ANSWER ASAP!!
Any answer thats put to just earn pts will be reported and the pts will be removed!
Jasmin purchased a bond priced at 1000.00 issued by Valley’s Trucking whose market value is 600,000. The annual coupon rate is 5%
Given the above information, what is the current yield?
Answer:
3000%
Explanation:
Which of the following can be used to pierce the corporate veil? Group of answer choices adequate capitalization alter ego theory formation of the corporation to avoid personal liability
The answer is adequate capitalization.
In legal terms, piercing the Corporate Veil refers to a circumstance in which the court lifts limited liability and holds the corporation's owners and/or directors personally liable for the corporation's debts or acts. In many ways, the idea violates the widely held belief that a corporation is an autonomous legal entity with full accountability for its debt as well as the advantages arising from credit provided to it.
The Corporate Veil is a barrier that shields members from the company's actions. Simply put, if a firm breaches a law or incurs obligation, its members cannot be held accountable.
Hence , the correct option is adequate capitalization.
To know more about corporate veil click here:
https://brainly.com/question/7269603
#SPJ4
Mack and his team have debated on what should be included in the next release of a product. However, they still believe there is more to consider. Which critical thinking condition is the team using
Mack and his team have debated on what should be included in the next release of a product. However, they still believe there is more to consider.
Team is using Divergent Thinking.
Divergent thinking is a way of thinking or a strategy for coming up with original ideas by considering numerous alternatives. It often happens in a spontaneous, free-flowing, "non-linear" way, leading to the emergent cognitive generation of multiple ideas.
Divergent thinking is a way of thinking or a strategy for coming up with original ideas by considering numerous alternatives. It often happens in a spontaneous, free-flowing, "non-linear" way, leading to the emergent cognitive generation of multiple ideas.
Learn more about divergent thinking here https://brainly.com/question/12921788
#SPJ4
What is a technique to gain personal information for the purpose of identity theft, usually by means of fraudulent emails that look as though they came from legitimate businesses? Pharming Phishing Phishing Expedition. Spear Phishing. g
Phishing is a technique to gain personal information for the purpose of identity theft, usually by means of fraudulent emails that look as though they came from legitimate businesses.
Phishing is a form of social engineering in which an attacker delivers a false message intended to dupe a person into giving up personal information to the attacker or to install harmful software, such as ransomware, on the victim's infrastructure.
Phishing, sometimes known as "fishing," is an assault that tries to steal your money or your identity by tricking you into disclosing personal information on websites that look official but are actually fraudulent.
Learn more about Phishing here https://brainly.com/question/2547147
#SPJ4
A company selling in a country with a strong currency while sourcing from a country with a weak currency ________. Group of answer choices improves its profits
A company's revenues increase when it sells in a country with a strong currency while sourcing from a country with a weak currency.
A weak currency is a country's currency that has lost value in contrast to other currencies. Weak currencies are frequently associated with countries that have poor economic foundations or governance systems. A country looking to increase its exports in global markets may also favor a weak currency.
A strong currency is one whose worth relative to other currencies is increasing, as seen by a drop in the currency's direct exchange rates.
When an exchange rate changes, the value of one currency rises while the value of the other falls. A currency is considered to have appreciated when its value rises. When the value of a currency falls, however, it is said to have depreciated.
To know more about currency click here:
https://brainly.com/question/2202418
#SPJ4
Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.
within the European Union because there would be no barriers to trade
is the answer.
The European Union is a political and economic union of 27 member states, primarily in Europe. The total area of the Union is 4,233,255.3 km² and the estimated total population is about 447 million.
The European Union (EU) is a unique economic and political coalition between 27 European countries. The predecessor of the EU was founded after World War II.
Founded in 1992, the modern European Union has its roots in the integration of the post-war European economy and the prevention of future conflicts. It consists of seven major institutions and dozens of smaller institutions that legislate and coordinate foreign policy and trade and manages a common budget.
Learn more about European Union here:https://brainly.com/question/14412240
#SPJ4
Near an ocean beach, a high-rise building is being constructed that will block the scenic view of the ocean by the residents of a low-rise building. The Coase theorem suggests that this type of dispute between the owners of high-rise and low-rise buildings: Group of answer choices Can only be resolved by a zoning ordinance restricting high-rise buildings Should be resolved by a government fine for the builder of the high-rise Can be resolved by the owners themselves through individual bargaining Has to be resolved by city government officials
The correct answer is can be resolved by the owners themselves through private bargaining.
According to the Coase Theorem, where there is a conflict between property rights, the parties involved can bargain or negotiate terms that fully reflect the actual costs and underlying values of the relevant property rights, leading to the most efficient conclusion.When negotiating is costly, Coase's theorem fails. A fair resolution cannot be reached if negotiation is not possible.
What are the conditions of Coase Theorem?
The two requirements for an effective market solution are full property rights and no (or minimal) transaction costs, according to the Coase theorem. By transferring property rights, one can occasionally approximate these conditions and establish a market for the externality.Learn more about Coase Theorem brainly.com/question/14837886
#SPJ4
Other things being equal, a ________ supply of workers tends to put ________ pressure on real wages.
Other things being equal, a larger supply of workers tends to put downward pressure on real wages.
How do wage increases affect the demand for and supply of labor?The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises. There will be a reduction in the amount of labor requested and an upward shift in the demand curve.What causes wage increase?There are several reasons why employers may decide to raise salaries. An increase in the minimum wage is the most frequent justification for wage increases. The minimum wage can be raised by both the federal and state governments. Companies that manufacture consumer items are also renowned for giving their employees small pay raises.How does wage increase affect supply?The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels. The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.Learn more about real wages here:
https://brainly.com/question/1622389
#SPJ4