Answer:
Rises
Explanation:
If labor demand is downward sloping and labor supply is upward sloping , then when labor demand rises faster than labor supply , it is expected that real wages rises.
Labor demand is downward sloping means the demand for labor in the market is less as compared to the supply of labor which is high as compared to its supply so when the demand starts rises faster as compared to the supply then the available labor been less in quantity gets a chance to demand for high wages because of monopoly competition .
Answer:
The right approach is Option d (Sales commissions).
Explanation:
- Sales commission seems to be an expense for the time that is not reflected throughout inventory commodity prices. That would be the amount that could be received by a sales agent as well as a sales representative including its price of a property.
- The cost of products generated, credit card payments, postage charges the sales commission that you will allocate to sales workers are including variable costs.
Some other three choices are not associated with the case in question. So, option d seems to be the right choice.
Answer:
It can be greater as well as less.
Explanation:
1st of all we should know what is Future Price and what is Stock Index.
The futures price can be more or less that the predicted fee.
When futures costs are lower than predicted price spot fees, the situation is known as normal backwardation.
When futures prices are higher than anticipated spot charges, it is called normal contango
Answer:
Mark will have at the end of six years the amount of $25,865.74
Explanation:
According to the given data we have the following:
First investment = 2500
Investment increasing at rate of 10%
Interest rate = 13%
t=6 years
Present value is given by formula = C * [((1+g)^n/(1+i)^n) - 1 ] / (g-i)
C is first value = 2,500
g is increase in investment = 0.10
i is intrest rate = 0.13
n is no of years = 6
Putting values into the equation
P = 2500* [((1+ 0.10)^6/(1+0.13)^6) - 1 ] / (0.10-0.13) 1.771561 2.08195
P = 2500* [((1.10)^6/(1.13)^6) - 1 ] / (-0.03)
P = 2500* [0.8509142870866 - 1 ] / (-0.03)
P = 2500* (-0.14908571)/ (-0.03)
P = 2500* 4.9695236
P=$12,423.809
Future value = P*(1+i)^t
= $12,423.809 *(1+0.13)^6
= $25,865.74
Mark will have at the end of six years the amount of $25,865.74
Answer:
3 salads, 6 vegetarian burgers
Explanation:
Data provided in the question:
Weekly food budget = $36
Cost of salad, Cs = $6
Cost of vegetable burger, Cv = $3
Now,
Let the number of salads be 'S'
and, the number of vegetable burgers be 'V'
thus,
S × Cs + V × Cv = $36
or
S × $6 + V × $3 = $36 ............(1)
also,
2 salads and 4 vegetarian burgers will give her a utility of 8
i.e U(2, 4 ) = 8
or
U( S, V ) = SV
Now,
From optimal marginal utility condition
Marginal rate of substitution = 
or
or
V = 2S ..........(2)
substituting the above value in 1
S × $6 + 2S × $3 = $36
or
6S + 6S = 36
or
12S = 36
or
S = 3
substituting S in (2)
V = 2(3)
or
V = 6
Hence,
3 salads, 6 vegetarian burgers
