In a competitive labor market, when the government increases the minimum wage, the result is a(n) __________ in the quantity of labor supplied and a(n) __________ in the quantity of labor demanded. increase, increase increase, decrease decrease, increase decrease, decrease

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Answer 1
In a competitive labor market, when the government increases the minimum wage, the result is an increase in the quantity of labor supplied and a decrease in the quantity of labor demanded. More people want to work when there is an increase in what they will be paid for their work. As more jobs are filled and less vacant ones are available the quantity of labor demanded goes down because these people are filling the jobs. 

Related Questions

In _____ processing, each department has its own computer for performing processing tasks.

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In __ _ _ _decentralized____ processing, each department has its own computer for performing processing tasks.

Ans: decentralized

Hopes this Helps!  

For most students, the earnings they give up to attend college are

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For most students, the earnings they give up to attend college are the single largest cost of their education. Because the cost for going to college includes 
some things that are not really costs, but opportunity cost. (what you give up to get that item, in this case what yo give up to go to college). So there is also opportunity cost, the time a student spends to learn and go to classes, can not be spend to work. 

The economic growth model explains growth in real gdp per capita in the long run. because of the importance of labor productivity in explaining economic​ growth, the economic growth model focuses on the causes of increases in​ long-run labor productivity. what are the key factors that determine labor​ productivity? ​(mark all that​ apply.)

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The term labor quantity defines the quantity of goods and services that can be produced by one worker or by one hour of work. The key factors that determine labor​ productivity and lead to economic growth are: quantity of capital per hour worked and the level of technology. The better the technology the bigger the productivity. 

What steps should to you take to prioritize your workload?

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Answer:

1. Collect a list of all your tasks. ...

2.Identify urgent vs important task

3.Assess value of your work

4.Order tasks by estimated effort. ...

5.Be flexible and adaptable. ...

6.Know when to Strike out

7. Time Management

Explanation:

1.Collect a list of all your tasks: Make a list of what you want to achieve and document them in a book

2.Identify urgent vs important task: Segment the tasks into ugent and the important tasks. avoid tyranny of the urgent.

3.Assess value of your work: what work has more value, which one has less value.

4.Order tasks by estimated effort. ...

5.Be flexible and adaptable. ... There should be allowance for change at the long run. Be open to adjustment that will significantly improve your output.

6.Know when to strike out :Strike out tasks that that has less priority and focus on the one with top priority

7. Time Management: effective time management should be consider while carrying out your tasks so that you can move on to other things. Time is life. Who ever waste his time waste his life.

Answer:.Collect a list of all your tasks: Make a list of what you want to achieve and document them in a book

2.Identify urgent vs important task: Segment the tasks into ugent and the important tasks. avoid tyranny of the urgent.

3.Assess value of your work: what work has more value, which one has less value.

4.Order tasks by estimated effort. ...

5.Be flexible and adaptable. ... There should be allowance for change at the long run. Be open to adjustment that will significantly improve your output.

6.Know when to strike out :Strike out tasks that that has less priority and focus on the one with top priority

7. Time Management: effective time management should be consider while carrying out your tasks so that you can move on to other things. Time is life. Who ever waste his time waste his life.

Explanation:

What is the name of the cartel that controls much of the world's oil supply?

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amoreandrusamoreandrus

This area offers the broadest possible range of job options:

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Final answer:

Studying sociology offers a wide range of job options, including social work, market research analysis, human resources, and community organizing. The growth in the health field also provides numerous job opportunities from nurse's aides to assisted-living staff. Studying sociology and exploring careers in fields like healthcare and social work can lead to a variety of job opportunities.

Explanation:

Studying sociology can provide people with a wide knowledge and skill set that can contribute to many workplaces. It is a subject that offers the broadest range of job options, regardless of a person's vocational path or professional goals. Some career options that people researching sociology might be interested in include social work, market research analysis, human resources, and community organizing.

Additionally, the growth in the health field, from associate-level nurse's aides to management-level assisted-living staff, offers a wide range of job opportunities. As baby boomers age, there is an increasing need for capacity throughout our country's elder care system.

Overall, studying sociology and exploring career options in fields like healthcare and social work can open doors to a variety of job opportunities.

A corporation is a voluntary agreement under which two people act as co-owners of a business for profit.
a. True
b. False

Answers

b. false but i do not know why.

Final answer:

The statement about a corporation being an agreement between two co-owners is false. It is a legal entity separate from its owners, designed to make profits and capable of raising capital through selling stock or issuing bonds.

Explanation:

A corporation is falsely described in the statement as a voluntary agreement under which two people act as co-owners of a business for profit. Instead, a corporation is a legal entity with a separate identity from its owners, known as shareholders, who invest in the corporation and are only liable to the extent of their investment. This structure enables a corporation to have continuity even if original investors pass away or sell their interests. Corporations are often established to make profits, but they can also be non-profit entities working for philanthropic purposes. They can raise funds by selling stock or issuing bonds. These funds can be used to finance operations or new investments. Shareholders share in the corporation's profits through dividends and are exposed to capital gains or losses.

One essential of the market mechanism is competition. truefalse

Answers

Hello,

Here is your answer:

The proper answer to this question is option A "true". Competition is a big part of marketing.

Your answer is A.

If you need anymore help feel free to ask me!

Hope this helps!

Business documents can include all of the following except ____.

Answers

personal letters cannot be included

Business documents can include all of the following EXCEPT personal letters. The correct option is b.

A variety of formal written materials used in professional settings are included in business documents. They frequently follow particular formats and conventions and are used for specific business purposes. Business documents include resumes which list a person's qualifications, proposals which present concepts or options to clients or other stakeholders and newsletters which inform a specific group of people.

Personal letters, on the other hand which mostly deal with informal and private matters are not typically regarded as business documents because they fall outside the bounds of formal communication. Business documents are essential for supporting various business processes like marketing, sales, operations and human resources as well as for facilitating effective communication and communicating important information.

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The complete question is- Business documents can include all of the following EXCEPT ____.

A) resumes

B) personal letters

C) proposals

D) newsletters

Jeremy works as a member of a sales team. He never gets involved in conflicts at work. He seems to have the ability to deal with people in a way that does not offend them. Which term best describes Jeremy’s ability? a. honesty b. integrity c. diplomacy d. cordiality e. sociability

Answers

I believe it would be integrity.

​any paid form of nonpersonal presentation and promotion of​ ideas, goods, or services by an identified sponsor is called​ ________.

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It is called advertising. 

The paid form of presentation and promotion of goods or services in a non-personal manner through an identified sponsor is referred to as advertising.

Who is a sponsor?

A sponsor is an individual or a company that takes up the accountability towards another person during the times of training or probation period.

Advertising is an act of encouraging the products and services of a company by an identified sponsor. It is a paid form, that is, an advertising fee has been levied on the company and the non-personal presentation means its telecasting for the general public and not for a specific person.

Therefore, advertising is the term that explains in the provided sentence.

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Compared to most countries, the amount of sprawl in the united states is

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This question does not make sense please rethink or rephrase it.

Quality services is an organization that operates several companies that market food products, restaurant equipment, and paper and plastic products, and it even has a division that counsels restaurant owners, helping them launch new restaurants successfully. quality services is pursuing a _____ strategy.

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The answer is "quality services is pursuing a "diversification" strategy.


Diversification refers to a corporate strategy to go into another market or industry in which the business doesn't work right now, while likewise making another item for that new market. This is the most dangerous segment of the Ansoff Matrix, as the business has no involvement in the new market and does not know whether the item will be effective.
Final answer:

Quality Services is engaging in a diversification strategy, specifically related diversification, by operating companies in various sectors of the food and restaurant industry to spread risks and potentially enhance performance through synergies.

Explanation:

Quality Services is pursuing a diversification strategy by operating several companies that market a wide range of products and services, including food products, restaurant equipment, and paper and plastic products. Furthermore, it offers counseling services to restaurant owners to help them launch new restaurants successfully. This approach involves extending the company's operations into areas that are different from its traditional business activities, aiming to reduce risks by spreading them across various markets and sectors.

Diversification strategies can take several forms, but Quality Services appears to be engaging in related diversification, where the businesses it operates are somewhat connected through their focus on the food and restaurant industry. This strategy leverages the company's existing knowledge, skills, and resources across those interconnected areas, potentially leading to synergies that can enhance overall performance and competitiveness.

Which of the following events happened first? A. ARPANET was developed. B. The World Wide Web was created. C. Email was invented. D. Web 2.0 had evolved.

Answers

The correct answer would be option A, ARPANET.

ARPANET was developed first before the rest of the events like the development of world wide web, email or Web 2.0

Explanation:

ARPANET stands for Advanced Research Projects Agency Network. This ARPANET started developing in 1966. It was started by the United States Advanced Research Projects Agency.

The purpose of developing this network was to make it easier for people to access computers, improve the computer equipment efficiency and to make better communication between the military.

This network made use of two technologies. One was the packet switching and the other was the implementation of the TCP/IP protocol. These both strategies further laid foundations for the development of Internet.

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Answer: a is the answer

Explanation:

Choose all that apply. Relevant information is _____.

appropriate for your age
hard to read
mostly for adults
suitable for your situation

Answers

Answer:

appropriate for your age

suitable for your situation

Relevant information refers to the data that can be applied to solve a problem. Thus, the correct option is D). suitable for your situation.

What does relevant information mean?

Relevant information refers to the information, which is credible and meant appropriate for the particular situation or problem. It is the data that can be applied to solve a problem.

Relevant information is the most accurate or related data, which consist the quality of credibility. It is verifiable that make sure the information is not false, it is completely true and relevant to the situation or problem that required this data.

It has the criteria- does it matches with the goal of the readers or not. Any information that closely matches a reader's goal is consider to be relevant, while the information that does not match the goal of the reader is less relevant.

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Tripp is serving a 10-year prison sentence when he is informed by his parole board that he is getting out of jail early for good behavior. if the early release has the effect of increasing tripp's good behavior in the future, then decrease of time in prison is an example of

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If the early release has the effect of increasing Tripp's good behavior in the future, then decrease of time in prison is an example of negative reinforcement.
The term negative reinforcement describes a behavioral principle in which a response or behavior is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.

The decrease in Tripp's time in prison due to good behavior is an example of parole, a temporary release from prison that requires supervision and aims to prevent reoffending.

The decrease in Tripp's time in prison due to early release for good behavior is an example of parole in the criminal justice system. Parole is a temporary release from prison or jail that requires supervision and the consent of officials. It is different from probation, which is supervised time used as an alternative to prison. Parole is intended to prevent individuals from returning to criminal engagement and increase their chances of becoming positive members of the community through various support systems.

What are the two major types of personal expenses

Answers

fixed variable and periodic

All economic questions and problems arise from
A. opportunity costs.
B. trade-offs.
C. scarcity.
D. none of the above

I say C!

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You are right! The answer is C. scarcity. Scarcity is one of the reason why there are problems with the economy. The lack of resources, such as non-renewable resources, will really make the economy lose its investors. 

If stepsiblings rebecca and suzanne are asked to share bedrooms or other possessions and rebecca views such sharing as an intrusion, she may have difficulty overcoming the tendency to play the role of ________ between her parent and the new stepparent.

Answers

The gist of the blank is divide and rule, meaning to split those to whom you are in opposition, so that they will not threaten your power.

The term for divide and rule that is used in textbooks is Divide et Impera.

Ans: Divide et Impera.

The feeling of a partnership in which employees feel responsible for their jobs and have a stake in the organization's success" is known as: apprehension

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The feeling of a partnership in which employees feel responsible for their jobs and have a stake in the organization's success" is known as empowerment. It is the process of enabling or authorizing an individual to make decisions, accomplish goals, and don't seek supervision and frequent direction.  The goal employees to have input and control over their work and to finish it sucsesfully. 

You are chatting with one customer when another begins asking you questions. The second customer is in a hurry and wants immediate attention. Unfortunately, there is no one else who can help her. What would you be most and least likely to do?

Answers

Final answer:

In this situation, as a customer service representative, the most likely action you would take is to politely inform the second customer that you are currently assisting another customer and will be with them as soon as possible.

Explanation:

In this situation, as a customer service representative, the most likely action you would take is to politely inform the second customer that you are currently assisting another customer and will be with them as soon as possible. It is important to acknowledge their urgency and assure them that you will provide them with immediate attention once you are available. On the other hand, the least likely action would be to completely ignore the second customer and not address their concerns at all, as this would lead to a poor customer service experience.

Final answer:

Acknowledge and politely ask the second customer to wait while quickly finishing with the first one; never ignore or rush service. Previous experience, like at Gavi's Fast Food Restaurant, shows that a system with floor markings can efficiently manage customer flow and reduce complaints.

Explanation:

When confronted with a situation where one customer is already being assisted and another is demanding immediate attention, it is essential to provide both professional and resourceful customer service. In such a scenario, where no other staff is available to help, the most likely action to take would be to acknowledge the second customer's presence and urgency politely but to ask for their patience while you quickly finish with the first customer. The least likely action would be to ignore the second customer or to provide hasty, substandard service to the first customer in a bid to serve the second one immediately.

Referring to a past experience, such as the one at Gavi's Fast Food Restaurant, is invaluable as it demonstrates a proven approach to resolving similar conflicts. Implementing a system to manage customer flow can improve efficiency and reduce stress for both customers and staff, as shown by the successful introduction of floor markings which resulted in no further complaints about queues and a higher level of service during peak hours.

Would firms have an incentive to change their level of production if input prices adjusted immediately to output price changes?

Answers

Firms have noincentive to increase production to take advantage of higher prices if they simultaneously face equally higher resource prices. So the answer to this question is No. The availability and productivity of real resources is reflected in the prices of inputs, and in the long run these input prices (including wages) adjust to match changes in the price level.

Firms cannot increase the level of production to take advantage of higher prices if they face equally higher resource prices at the same time. Thus, the answer is No.

What do you mean by the level of production?

From a microeconomics perspective, a successful company needs to have a sound understanding of its overall product, product range, and intermediate product.

The availability and production of real commodities are reflected in input prices, and over time these inputs (including wages) change to match the price changes.

It does not give the firm any scope to make changes to the level of production.

Hence, The correct answer is no.

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When people like oprah winfrey, bill gates, and tom cruise pay much higher income tax rate than the average tax payer, the tax system is operating from the?

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The tax system is operating from the "ability to pay principle".

A tax is a required money related charge or some other sort of demand forced upon a citizen by an administrative association with a specific end goal to support different public uses. An inability to pay, or avoidance of or protection from tax collection, is punishable by law.

Julia, an economics professor, is giving a presentation on her research. What presentation delivery method should Julia use if she wants to broadcast her lecture to various places in real time?
external monitor
overhead projector
presentation sharing website
webcast

Answers

webcast :) i believe is the answer

Answer:

webcast is correct on plato

Explanation:

Banks may borrow from or lend to another bank in the federal funds market. a loan of excess reserves from one bank to another bank is recorded as a(n) ________ for the borrowing bank and a(n) ________ for the lending bank.

Answers

Answer:

Liability and Assets

Explanation:

Banks when borrow or lend the money to another bank in the market of federal funds. Then the loan of the excess reserve from one bank to the another bank will be reported as a liability because they borrowed money from another bank for the borrowing bank and for the lending bank,it will be recorded as an asset.

Frito-lay's ________ gathers daily sales data and sorts it by product line and by region. the marketing managers use the data to evaluate the market share of different frito-lay products compared to one another and to competing snack foods in each region where the company does business.

Answers

Marketing information system.

Zilo toys inc., a toy manufacturing company, believes that the longer customers spend in deciding what to purchase, the less likely they are to purchase more items. in order to determine the average time customers spend in purchasing toys from their stores, the company employs tim to

Answers

The complete question is:
The management of Zilo Toys Inc., a toy manufacturing company, believes that the longer the customers spend deciding what to purchase, the less likely they are to purchase more items. In order to determine the average time customers spend in purchasing toys from the store, the management employs Tim to observe the customers as they discuss which toys to buy. He then reports his findings to the management. In this scenario, Tim is engaging in _____.

Answer;
Tim is engaging in "observation research".


Observational research refers to a sort of correlational  inquiry about in which a specialist watches progressing conduct. There are an assortment of sorts of observational research, every one of which has the two qualities and shortcomings. Observational research is especially predominant in the sociologies and in showcasing. It is a social research procedure that includes the immediate perception of wonders in their common setting.


If the yield curve is downward sloping, what is the yield to maturity on a 10-year treasury coupon bond, relative to that on a 1-year t-bond?

Answers

amoreandrusamoreandrus

The legal system in the United States is based on _____.

Answers

Three tiered structure ☺️
the legal system in the united states is based on common law.

Suppose the government decides to fight obesity in america by imposing an excise tax based on the saturated fat content of food. the most likely effect of this tax would be to:

Answers

Answer: C) ARTICLE VII

just made a 100% on the test

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