Skilled and professional workers are generally paid higher than the semi skilled or unskilled workers. This is because of the fact that Skilled and Professional Workers don't need any training to do the job. They have already educated in the field of their expertise that they don't require training. So because of this fact, they are paid higher than the semi skilled or unskilled worker, because semi skilled and unskilled workers require job training.
Training is the department in all organization where huge amounts are spent. So if already skilled professionals are hired, the cost of training for the company would decrease and they can hire the skilled workers at a high wage rate.
Also it is the game of demand and supply. There are usually less Skilled and professional workers. So the supply is less, demand is high. So their wage rate increases.
Which best describes what a subsidy does?
a. It keeps the price of domestic goods relatively low.
b. It raises the price of imported goods.
c. It encourages the import of foreign goods.
d. It eliminates all taxes on domestic goods.
Answer:
The answer is: A) It keeps the price of domestic goods relatively low.
Explanation:
The main reason why subsidies exist, is to try to improve social efficiency. Usually public services are subsidized, like public transport (e.g. buses, subway). When people use the subway they aren't only saving money by not using their cars, but they are also polluting less, streets aren't as crammed, etc.
Now imagine who could build and operate a subway system other than the government. It is impossible, no company could afford to build a fully functional subway system and much less operate it at a low price. Therefore here the government with huge infrastructure projects and subsidizes.
When governments decide to subsidize products, for example milk, they do it to lower its price so that the quantity demanded increases. Drinking milk is not subsidized for its great taste, but because it's very good for kids to do it (it's a very healthy habit).
The two general kinds of trade barriers are _____.
a. qualitative and quantitative barriers
b. voluntary and involuntary barriers
c. tariff barriers and nontariff barriers
d. government import standards and industry import standards
e. nationalistic and geocentric barriers
Tariff barriers and nontariff barriers are the two general kinds of trade barriers.
A trade barriers refers to those barrier which serves as impediment to smooth trading in a location.
A trade barriers can take the form of tariffs barriers which impose a financial burden on imports or non-tariff barriers which uses other overt and covert to restrict imports or export.
In conclusion, the Tariff barriers and nontariff barriers are the two general kinds of trade barriers.
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If a 25 percent decrease in the price of sapphires causes a 15 percent decrease in the quantity of diamonds demanded, then the cross-price elasticity of demand between sapphires and diamonds is:
In the economic term oligopoly the word part olig probably means
Final answer:
The word part 'olig' in 'oligopoly' signifies 'few', pointing to the market dominance by a small number of firms that can lead to collusion and monopolistic behaviors.
Explanation:
In the economic term oligopoly, the word part 'olig' likely means 'few' or 'a small number'. An oligopoly is a market structure characterized by a few powerful firms dominating the industry, with high barriers to entry for others. This concentration allows oligopolists to earn their highest profits through potential collusion, acting similarly to a monopolist by reducing output and raising prices. However, such practices often face challenges, including the fact that explicit collusion among firms is illegal.
Today's demand curve for gasoline could shift in response to a change in
True or false: if stock prices follow a random walk,
a. successive stock prices are not related.
b. successive stock price changes are not related.
c. stock prices fluctuate above and below a normal long-run price.
d. the history of stock prices cannot be used to predict future returns to investors.
Which of the following is an example of a non-penalized religious observance?
A) Allowing employees to wear culturally specific dresses
B) Allowing employees to take leave during religious holidays
C) Allowing employees to pray during work time
D) Allowing employees to promote religious beliefs
The correct answer would be option C.
Allowing employees to pray during work time.
Explanation:
Non penalized religious observance means, If someone practice his or her religion during the work hours, as it is compulsory in his/her religion to do so, at the place where he works.
So companies allow employees to pray during work hours which will be a non penalized religious observance for the employees.
For example, If there is a Muslim who works in an organization which is owned by the people of other religion, and if he offers his prayers during his work hours, then the company will respect his offerings and won't charge or penalize him on the observance of his religion during the office timings.
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What is one stated purpose of the World Trade Organization? To create a common currency. To encourage the expansion of exports to monitor trade policies of many countries. To establish direct trade agreements between countries.
Answer:
cCCccccCCcccCcccc
Explanation:
The correct option is B., "To encourage the expansion of exports to monitor trade policies of many countries.", as the World Trade Organization aims to monitor and sustain trade agreements made in the Uruguay Round, promoting trade liberalization to foster economic growth and development.
Its main purpose is to encourage the expansion of exports and monitor trade policies of member countries.
The World Trade Organization (WTO) was established to monitor and sustain the agreements made in the Uruguay Round, promoting trade liberalization to foster economic growth and development. Unlike creating a common currency or establishing direct trade agreements, the WTO aims to encourage the expansion of exports by reducing trade barriers. It acts as a platform where member nations can monitor each other's trade policies to ensure compliance with agreed-upon trade policies.Full Question:
What is one stated purpose of the World Trade Organization?
A. To create a common currency.
B. To encourage the expansion of exports to monitor trade policies of many countries.
C. To establish direct trade agreements between countries.
The company, suppliers, distributors, and customers who open double quote partnerclose double quote with one another to improve the performance of the entire system make up the __________.
a. downstream network
b. marketing channel network
c. supply chain network
d. value delivery network
e. upstream network
What provides the means of storing, transmitting, altering, and receiving data through electronic means?
A. Infrastructure
B. Information communication technology
C. Decision support system
D. Management information system
Answer:
Information communication technology
Explanation:
APEX Verified
What are some of the roadblocks to economic development in west africa?
________ refers to the assignment of value, or the amount the consumer must exchange to receive the offering or product.
About what percent of arson fires are set by individuals under 18? less than one percent twenty percent fifty percent eighty percent criminology
Robin baker, a top manager at westinghouse, has recently been put in charge of a new multi-million dollar project. she selects several individuals to participate in this effort and assigns each certain tasks to perform. furthermore, she has set up a group hierarchy and indicated that all decisions must be routed through this chain of command. robin is exhibiting which leadership style?
Robin is exhibiting the leadership style called autocratic. This leadership style is being defined as having a leader of which controls over the group’s decision and that the leader is likely to place a little effort or input from the group members that the individual is associated with.
Answer:
Robin Baker leadership style is Autocratic.
Explanation:
Autocratic leadership is the type of leadership in which the leader delegates tasks to the hierarchy of subordinates it has established however request s them to consult the leader each time a decision needs to be made. also, this type of leadership leaves no space for constructive critics or contributions to improve performance. It is a very inefficient type of leadership and might result in a group o subordinate filled with doubts about their performance and high levels of stress.
The sarbanes-oxley act created the _____ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.
a. public company accounting oversight board
b. corporate accounting oversight commission
c. enron accounting fraud administration
d. occupational health and safety administration
The Sarbanes-oxley act created public companies accounting oversight boards to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing. Therefore option A is correct.
The term "audit" often refers to an examination of financial statements. A financial audit is an independent review and assessment of an organization's financial statements to ensure that they fairly and accurately reflect the transactions they purport to represent. Employees of the organization may conduct the audit internally, or an outside Certified Public Accounting (CPA) firm may do so externally.
Almost all businesses have their financial statements, including the income statement, balance sheet, and cash flow statement, annually audited. As part of their debt covenants, lenders frequently demand the annual findings of an external audit.
Due to the strong incentives to purposefully misstate financial facts in an effort to perpetrate fraud, audits are a legal necessity for several businesses. The Sarbanes-Oxley Act (SOX) of 2002 mandates that publicly listed corporations also get an assessment of how effective their internal controls are.
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Means that sellers can restrict people who do not pay for the product from obtaining its benefits
In macroeconomics, excludability means that sellers can restrict people who do not pay for the product from obtaining its benefits.
What is Macroeconomics?The study of an economy's overall performance, structure, behavior, and decision-making is known as macroeconomics. Using interest rates, taxes, and government expenditures, for instance, to control the expansion and stability of an economy. This covers local, national, and international economies.
Macroeconomics is the study of how economies function, including changes in the balance of payments, inflation, interest as well as foreign exchange rates, and economic production. Only with a solid monetary and fiscal policy are poverty alleviation, social equality, and sustainable growth conceivable.
Macroeconomics is the branch of economics that focuses on large-scale or general economic issues and how they interplay in economies. It is the study of entire economies.
Macroeconomics is a subfield of economics that focuses on the behavior of the economy as a whole, including the markets, firms, customers, and governments.
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If the APR of a saving account is 4.8% and interest is compounded monthly what is the approximately APY of the account?
A. 10.49%
B. 4%
C. 1.05%
D. 4.91%
Which is more independent, the federal reserve or the european central bank? why?
a. the federal reserve systemlong dash—it must be more independent since the european central bank was patterned after it.
b. the federal reserve systemlong dash—its charter can be changed through legislation, making it more independent than the european central bank.
c. the european central banklong dash—its charter cannot be changed through legislation, making it more independent than the federal reserve.
d. because the structures of the federal reserve and the european central bank are similar, it can be argued that the two systems have the same level of independence?
Stellar mobiles was a popular mobile phone brand. however, when its competitors began switching to smartphones, stellar realized that it too needed to change in order to survive in the market, and it quickly started developing smartphones. in other words, stellar mobiles entered the _____ stage of the technology cycle.
a. change substitution
b. discontinuous change
c. decline
d. technological entropy
e. the technological maturity stage
b. discontinuous change.
It is the stage of a technology cycle that characterized by the following:
1. Technological substitution. It occurs when customers purchase new technologies to replace older technologies.
2. Design competition. Occurs when an old technology and several different new technologies fight to establish a new technological standard or dominant design.
"the term ________ means that the computing resources leased can be increased or decreased dynamically in a short span of time and that organizations pay for just the resources that they use"
The term 'Scalability' refers to the ability to adapt computing resources to the demand dynamically, which means that resources leased can be increased or decreased quickly and you pay only for what you use.
Explanation:The term you're referring to is Scalability. In the context of computing, Scalability refers to the capacity to handle growth or decrease in demand by dynamically allocating or deallocating resources in a very short period. This means you can increase or decrease the resources that you lease based on your needs. Furthermore, a key advantage of this model is that you only pay for the resources you use. Let's take cloud computing for an example, you may instantly require more resources during peak usage times and less during off-peak times. Scalability allows you to adjust your resources accordingly swiftly, hence controlling the overall costs.
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Why is investing important in an economy?
A. prevents people from spending money on things they can’t afford
B. provides money for machinery, tools, and equipment for growth
C. offers interest rates that don’t change
D. carries no risk of loss
E. ties to the discount rate
Investing is important in an economy because it B. provides money for machinery, tools, and equipment for growth. When you invest in an economy, there is room for the economy to grow because they have the funds to buy items they need to expand. It's important to continuously invest in an economy just like it's important to reinvest in yourself and your business to keep growth up.
When apis are shared, the term web ____ describes the process of organizations communicating through a network to share data without needing extensive knowledge of each other's systems?
West africa has tropical wet and dry forests, also known as tropical ________ forests, which receive rainfall for several months followed by dry and hot months.
When cleaning a minor wound with gauze, which method should be used?
MEDAL!
Which of the following is NOT an example of a local government?
a.
school districts
c.
neighborhood associations
b.
municipalities
d.
counties,
Which amount does not change during the period and is added to purchases when computing the cost of goods available for sale?
a) Beginning inventory
b) Freight-in
c) Ending inventory
d) Periodic inventory
Ending inventory is the amount that does not change during the period and is added to purchases when computing the cost of goods available for sale. Hence, option C is appropriate.
What does Ending inventory means?Ending Inventory one of the foremost and most powerful mechanisms which is being needed for the cause of Economical purposes. This mechanism shows the variability in a product, i.e, it shows how much inventory or stock is left with the company.
Ending Inventory is calculated at the end of each year, this actually shows that over a year the products which are being sold and the profit which are being generated out of those products. the amount which is left with the company at the end of the fiscal year as stock is an Ending Inventory
Ending inventory includes the products the company will sell in the market and the cost of the product must be profitable for the company. Hence, option C is correct.
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For girls, the usual sequence of physical changes in puberty is _____. the growth spurt, menarche, and the beginning of breast development nipple growth, the growth spurt, and menarche menarche, the growth spurt, and the beginning of breast development the growth spurt, the beginning of breast development, and menarche
Answer:
a
Explanation:
Puberty in girls starts with the growth spurt, beginning of breast development ,nipple growth, and menarche.
What is Puberty?Puberty may be described as the time in the life of any person when a boy/girl becomes mature. On an average, girls begin puberty at ages 10 or 11 and complete puberty at age of 15 or 17; boys generally begin puberty at ages 11 or 12 and complete puberty at ages 16 or 17.
As a girl goes through puberty, she might notice her hands and feet to grow, and might feel a bit clumsy until the rest of your body catches up. The growing breasts may be uncomfortable, and the nipples may turn pink or brown, or grow hair occasionally. The major landmark of puberty for females is menarche, the onset of menstruation, which occurs between ages 12 and 13.
Puberty may start at different ages, an overweight may start puberty before the age of 8 and an athletic or underweight may start puberty later. The puberty starts at the right time for our body and will go through these changes.
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Harold and elaina are being considered for a car loan. the banker looks at their creditworthiness because he wants to be sure the bank will get the loan payments on time and that the loan will be paid back in full. the table below summarizes the information that was on their applications. application information questions harold elaina how many years have you had your job? 3 7 what is your monthly salary? $2,600 $2,250 how many credit cards do you have? 2 6 how much debt do you have? $3,000 $12,000 how many times were you late with payments on credit cards in the past year? 1 8 who will get the better loan rate from the banker and why? elaina because she has more credit cards available to her. elaina because she has had her job longer, which makes her look more stable. harold because he makes more money per month. harold because he pays his bills on time and does not have too much debt compared to his income.
Answer:
Harold because he pays his bills on time and does not have too much debt compared to his income.
Explanation:
the income for both persons is quite similar but their credit history is substancially different.
Eliana has a lower salary but higher debt than Harold thus, his debt to income is higher. Elaina also fails in their payment. From the credit card we can assume is paying one by transferring to another credit card.
While Harold is a more reliable borrower as it has lower debt and pays on time for most of the time.
Asking potential dating partners for a date is most likely to be reinforced on a ________ schedule. variable-interval variable-ratio fixed-interval fixed-ratio
Answer:
Variable-ratio
Explanation:
A variable-ratio reinforcement schedule occurs when a behavior is reinforced based on a random number of displays. Thus, unlike fixed schedules, asking for dating partners do not always elicit a positive reward - which is why it is categorized as variable; the response can be positive or negative. It is also not an interval-based reinforcement schedule, since it is not based on time period. Variable-ratio schedules fit this behavior since asking someone out can get you a positive response once you tried hard enough or with enough people - but when it would happen, you cannot predict.
Final answer:
Asking for dates is most likely to be reinforced on a variable-ratio schedule, as it is similar to gambling where reinforcement is unpredictable, leading to a high and consistent response rate.
Explanation:
Asking potential dating partners for a date is most likely to be reinforced on a variable-ratio schedule. This type of reinforcement schedule provides reinforcers after an unpredictable number of responses, which is akin to gambling or playing slot machines. Just as a gambler continues to play due to the unpredictable nature of winning, a person asking for dates may continue to ask because the reinforcement (acceptance of the date) is unpredictable and occurs after an irregular number of attempts. This schedule tends to produce a high rate of response because the reinforcement is not predictable, so the behavior is repeated more frequently in hopes of encountering the reinforcement.
Which best explains why a credit score represents