Business, 08.10.2020 02:01 seaotter9630
The owners of a factory have installed several high-tech machines and automated some workflows. Before the updates, the original equilibrium salary for low-skill workers was $70,000 per year, and the original equilibrium quantity was 42,000 workers. For high-skill workers, the original equilibrium salary was $83,000 per year, and the original equilibrium quantity was 22,000 workers. Each additional/diminished $10,000 to their salaries causes the difference between the quantity supplied and the quantity demanded to gradually change by 4,000 workers. Calculate the new equilibrium salary for both labor markets, considering that the effect on them amounted to 25%. Enter your answers in the boxes below.
Answers: 3
Business, 21.06.2019 17:40, kimutaitanui2228
Which of the following best explains cost-push inflation? a. increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs. b. consumers demand goods faster than they can be supplied, increasing competition among buyers. c. rising prices for goods and services reduce spending power and cut into consumer demand. d. wages drop so that workers have to spend a higher percentage of income on the cost of necessities.2b2t
Answers: 1
Business, 22.06.2019 12:40, abilovessoftball
Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices
Answers: 2
Business, 22.06.2019 17:40, gabe2111
Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc
Answers: 2
The owners of a factory have installed several high-tech machines and automated some workflows. Befo...
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