Answers
Describe some of the structural features of European labor markets that have helped to keep European unemployment rates high. If these structural features create unemployment, why don't European governments just eliminate them?
Answer: Rigid labor laws: Many European countries have strict labor laws, such as laws restricting termination of employment and stringent regulations on hiring and firing. This reduces the flexibility of employers to respond to changing economic conditions and can lead to higher levels of unemployment.Generous welfare benefits: In some European countries, welfare benefits are generous, leading to a situation where people may prefer to stay unemployed rather than to take up lower-paying jobs. This reduces the number of people in the labor force, which can contribute to higher levels of unemployment.High minimum wages: Minimum wages in some European countries are set at high levels, making it difficult for employers to hire new workers or retain existing ones. This further restricts economic growth, reduces labor market dynamism, and can limit job opportunities, resulting in higher levels of unemployment.Short-time work subsidies: Governments in some European countries provide subsidies to companies in times of economic downturn to encourage them not to lay off workers. However, this also creates an incentive for employers to retain fewer permanent workers and keep them on part-time contracts instead, which can contribute to higher levels of unemployment.Long-term employment contracts: The practice of signing long-term employment contracts, common in many European countries, can limit the ability of employers to adjust their workforce to changing economic circumstances. This can contribute to higher levels of unemployment.Finally, European governments do not eliminate these structural features because they are often viewed as necessary for providing workers with job security and protecting them from exploitation. Furthermore, eliminating them could result in significant political and economic upheaval. As such, governments may prefer to pursue policies that seek to mitigate the effects of these structural features rather than eliminate them altogether.
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Related Questions
Match each type of insurance with an example of when the insurance
company would make a payment.
Renter's
insurance
?.
You cause an accident
that damages someone
else's car.
Liability coverage
?
You have to take a month
off from work because of
a broken leg.
Health insurance
2
Your stereo and computer
are stolen from your
apartment
Disability
insurance
?
You go to the emergency
room after a car accident.
Answers
Answer:
See below
Explanation:
Renter's insurance
Your stereo and computer are stolen from your apartment. Renters insurance provides coverage for policyholder's properties other than their dwelling place.
Liability coverage
You cause an accident that damages someone else's car. It protects against claims arising from damages to other people or their properties.
Health insurance
You go to the emergency room after a car accident. Offers insurance coverage for medical bills incurred by the policyholder or their dependents.
Disability Insurance
You have to take a month off from work because of a broken leg. Provides protection against loss of income as a result of serious bodily injuries to the policyholder.
Help help help help help
Answers
B..................................
Expenses payable always treated as current/ fixed assets. Is it true or false?
Answers
Answer:
False
Explanation:
This is an example of a current liability and not assets.
To explain this , assets are anything owned as a result of past activities that result into inflow of economic benefits while liabilities are obligation that arose as a result of pat activities that result into outflow of economic benefit.
Current assets or liabilities are expected to be settles within twelve months / a normal operating cycle of the business activities while the non - current are for a longer period.
Expenses payable are liabilities that are current in nature as it is expected to be settled within a business year.
Whitch of the following is required to be considered an entrepreneur?
Answers
Answer:
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures
Explanation:
Courtney Company uses a periodic inventory system. The following data were available: beginning inventory, 1,500 units at $25; purchases, 3,000 units at $28; operating expenses (excluding income taxes) $94,000; ending inventory per physical count at December 31, 1,000 units; sales price per unit, $75; and average income tax rate, 30%. Required: 1. Prepare income statements under the FIFO, LIFO, and weighted average costing methods. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Inventory Costing Method Weighted Average ncome Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses ncome from Operations ncome Tax Expense Net Income Units FIFO LIFO 0 0 $ 0 $
Answers
In contrast to the last in, first out (LIFO) cost technique, which assumes that the newest inventory items are sold first, FIFO assumes that the oldest inventory items are sold first.
The Last-In, First-Out (LIFO) approach is predicated on the idea that the most recent or most recent unit to enter inventory gets sold first. The oldest unit of inventory is supposed to be sold first according to the First-In, First-Out (FIFO) technique. For many businesses, LIFO is not feasible because they wouldn't keep their older merchandise sitting around in stock. Since businesses often produce their items using their oldest inventory first, FIFO is the most sensible option. The choice between these two inventory management strategies has an impact on a company's financial statements since it affects the cost of goods sold, net profit, and inventory value.
A. FIFO
B. LIFO
C. LIFO
D. FIFO
Working is done in the attachments.
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Thermal Rising, Incorporated, makes paragliders for sale through specialty sporting goods stores. The company has a standard paraglider model, but also makes custom-designed paragliders. Management has designed an activity-based costing system with the following activity cost pools and activity rates:
Activity Cost Pool Activity Rate
Supporting direct labor $ 22 per direct labor-hour
Order processing $ 194 per order
Custom design processing $ 268 per custom design
Customer service $ 416 per customer
Management would like an analysis of the profitability of a particular customer, Big Sky Outfitters, which has ordered the following products over the last 12 months:
Standard Model Custom Design
Number of gliders 11 3
Number of orders 1 3
Number of custom designs 0 3
Direct labor-hours per glider 29.50 31.00
Selling price per glider $ 1,825 $ 2,490
Direct materials cost per glider $ 464 $ 584
The company’s direct labor rate is $16 per hour.
Required:
Using the company’s activity-based costing system, compute the customer margin of Big Sky Outfitters. (Round your intermediate calculations and final answer to the nearest whole dollar amount. Loss amounts should be entered with a minus sign.)
Answers
The total costs for Big Sky Outfitters is $6,566, The customer margin of Big Sky Outfitters is $14,123.
How to calculate the company’s activity-based costing system and the customer margin of Big Sky Outfitters.Calculating the costs for each activity:
1. Supporting direct labor:
Standard Model: 11 gliders x 29.50 direct labor-hours per glider x $16 per hour = $5,152
Custom Design: 3 gliders x 31.00 direct labor-hours per glider x $16 per hour = $1,488
2. Order processing:
Standard Model: 1 order x $194 per order = $194
Custom Design: 3 orders x $194 per order = $582
3. Custom design processing:
Custom Design: 3 custom designs x $268 per custom design = $804
4. Customer service:
Customer Service: 1 customer x $416 per customer = $416
Calculating the total costs for Big Sky Outfitters:
Total costs = Supporting direct labor + Order processing + Custom design processing + Customer service
Total costs = $5,152 + $194 + $804 + $416 = $6,566
Now, let's calculate the total revenues for Big Sky Outfitters:
Total revenues = (Number of gliders x Selling price per glider) - (Number of gliders x Direct materials cost per glider)
Total revenues = (11 x $1,825) - (11 x $464) + (3 x $2,490) - (3 x $584)
Total revenues = $20,075 - $5,104 + $7,470 - $1,752 = $20,689
Finally, let's compute the customer margin:
Customer margin = Total revenues - Total costs
Customer margin = $20,689 - $6,566 = $14,123
Therefore, the customer margin of Big Sky Outfitters is $14,123.
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Define the six sources of business law
Answers
Answer:
Explanation:
Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to thUS Constitution. Constitutional law governs the interpretation of the US Constitution and its statutes.
Federal Statutes. Statutory law is the body of written laws that have been passed by the US Congress.
Common Law. US common law is also called case law. ...
Regulations of Federal Agencies. ...
International Treaties. ...e seat of power from which the law derives its validity.
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Derek Davis, the sole proprietor of DD's Jam Shoppe, started trading on 1 January 2015 and provides you with the following list of balances which was extracted from his books on 31 March 2015. §. Inventory on 31 March 2015 was valued at · . ● Bank . Cash Accounts Receivable Accounts Payable Fixtures, Fittings and Equipment Premises Capital Transportation Out Discounts Wages and Salaries Utilities (including water rates) Rent Revenue Loan 1 Gross Income 1 654 6 875 9020/JANUARY/F 2016 699 450 7 780 25 000 396 160 4 750 1 180 1922 32 484 Additional information at 31 March 2015: Fixtures, Fittings and Equipment is to be depreciated at 20% per annum, using the straight line method. 185 3 000 2 560 8 793 One employee has not yet been paid his wages of $900. The Water Company has a credit of $160 for payment received in advance. 4 Mr Davis rents part of his shop premises to a tenant, who owes $1 500 in rent for the month of March. Interest is to be calculated on the Loan at the rate of 15% per annum.
Answers
Here is the financial statement for Derek Davis's sole proprietorship:
The financial statementDerek Davis, sole proprietor of DD's Jam Shoppe, had the following balances as of March 31, 2015:
Cash: $1,654
Accounts receivable: $6,875
Inventory: $9,020
Accounts payable: $4,500
Fixtures, fittings, and equipment: $7,780
Premises: $25,000
Capital: $39,616
Transportation out: $160
Discounts: $4,750
Wages and salaries: $1,180
Utilities (including water rates): $1,922
Rent revenue: $32,484
Loan: $185
Gross income: $8,793
Additional information:
Fixtures, fittings, and equipment are to be depreciated at 20% per annum, using the straight line method.
One employee has not yet been paid his wages of $900.
The Water Company has a credit of $160 for payment received in advance.
Mr. Davis rents part of his shop premises to a tenant, who owes $1,500 in rent for the month of March.
Interest is to be calculated on the Loan at the rate of 15% per annum.
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2.2 List any TWO characteristics of public goods.
Answers
Answer:
non-excludable and Non-rivalrous
Question 12
Indicate in which expenditure of GDP the following item would be placed.
New computer for your home.
Consumer spending
Investment expenditure
O Government expenditure
Answers
Answer: Consumer Spending
Explanation:
Consumer or consumption spending is the largest component of GDP and represents spending by households for goods and services. The goods purchased are to satisfy utility and not for investment.
A computer purchased for home use will therefore fall under Consumer spending because it was bought to satisfy the needs of the household. Had it been bought for a business it would have been an investment.
which business function is concerned with delivering a product or service to customers?
Answers
Answer:
Production
Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers
An employer's defense to an employment discrimination claim might include a simple demonstration that the employee's evidence is not true. This defense might include all of the following except
Answers
An employer's defense to an employment discrimination claim might include a simple demonstration that the employee's evidence is not true. This defense might include all of the following except "the employee is a known liar".
What is a defense in law?
A defendant may establish a defense in a civil case or criminal prosecution under common law or legislation in order to avoid civil responsibility or criminal guilt.
What is Evidence?
The evidence for a proposition is what backs up that assertion. It is commonly seen as proof that the supported statement is correct. The function of evidence and how it is conceived differs by discipline.
How can a lie be detected during a legal proceeding?
The polygraph is the most well-known tool for detecting deceit through psychophysiological means.
All of these strategies are designed to identify deceit by evaluating indications of changes in the body that are ordinarily undetectable by human inspection.
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Principles of Economics: Outlines Ten Principles of Economics that we will replicate here, they are:
Answers
Answer:
The correct answers are:
1) People face trade-offs
2) The cost of something is what you give up to get it
3) Rational people think at the margin
4) People respond to incentives
5) Trade can make everyone better off
6) Markets are usually a good way to organize economic activity
7) Governments can sometimes improve market outcomes
8) A country's standard of living depends on its ability to produce goods and services
9) Prices rise when the government prints too much money
10) Society faces a short-run tradeoff between Inflation and unemployment.
Explanation:
To begin with, those ten principles of economics were first introduce by Gregory Mankiw in the book he wrote name Principles of Economics and he devided the principles in sections in where he organized the way everything was connected. Therefore that there are three major headlines of that are: How people make decisions; How people interact with each other; and the forces and trends that affect how the economy as a whole works.
A firm has $100,000 in direct materials costs, $50,000 in direct labor costs, and $80,000 in overhead. Which of the following is true?
a. Prime costs are $150,000; conversion costs are $180,000.
b. Prime costs are $130,000; conversion costs are $150,000.
c. Prime costs are $150,000; conversion costs are $130,000.
d. Prime costs are $180,000; conversion costs are $150,000.
Answers
a) Prime costs are $150,000; conversion costs are $180,000. This option would be true. Prime cost = direct materials costs + direct labor costs,
What is Prime costs?
The complete direct costs of producing a good for sale, which may be fixed or variable, are referred to as prime costs. Prime costs are a metric used by businesses to determine the overall cost of the manufacturing inputs required to produce a specific output. A business may establish prices that provide the required profits by looking at its primary expenses. A business can raise its profit margin or undercut the pricing of its rivals by reducing its prime expenses.
The complete direct costs of manufacturing, including labour and raw materials, are referred to as prime costs.Utility costs, management pay, and delivery expenses are examples of indirect costs that are excluded from prime costs.For each product produced, businesses must determine the prime cost in order to make a profit.To study more about Prime costs
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56 Points & BRAINLIEST Which of the following can be created between two tables which share a common field?
O Field report
O Relationship
O Datasheet
O Connections
Answers
i think the third option but i think its wrong i am unsure and i dont want to say thhe wrong thing
nicki minaj age and birthday
Answers
Answer:
age= 38 birthday= Dec 8 1982
Answer:
yes no
Explanation:
What do insurance sales agents do?
Answers
Answer:
Explanation:
Insurance sales agents contact potential customers and sell one or more types of insurance. These agents explain various insurance policies and help clients choose the plans that suit them
consider the linear function Y = 1488 + 20x. the line would cross the y axis at the point ?
Answers
Answer:
1488
Explanation:
when you want to find the y value plug in 0 for x
y=1488+20(0)
Unlike consumer credit, trade credit does not involve the use of a
Answers
Answer:
Trade credit means many things but the simplest definition is an arrangement to buy goods and/or services on account without making immediate cash or check payments. Trade credit is a helpful tool for growing businesses, when favorable terms are agreed with a business's supplier.
Explanation:
Trade credit allows businesses to receive goods or services in exchange for a promise to pay the supplier within a set amount of time. New businesses often have trouble securing financing from traditional lenders; buying inventory, for example, on trade credit helps increase their purchasing power.
When prices rise, a. real estate is a better unit of account than money. b. money is a worse medium of exchange than real estate. c. money is a better store of value than real estate. d. real estate is a better store of value than money.
Answers
When prices rise, d. real estate is a better store of value than money.
What is increase in price?Increase in price is when the price of goods and service is on the high side and this tend to occur when the cost of production is high. The effect of price rise is the it lead to low demand of goods and service.
When rise investing in real estate is a goods choice based on the fact that it enables you to invest and have value for your money because investing in real estate is an asset.
Therefore the correct option is D.
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One of the assumptions underlying the production possibilities curve (or
production possibilities frontier) for any given economy is that
A. all societies will choose to operate at a point inside the curve
B. there is full employment of resources when the economy is on the
curve
C. goods can be produced outside the curve.
D. there is an unlimited supply of resources.
E the state of technology changes
Answers
Resources are fully utilized when the economy is on the production possibility curve. Therefore, option B is correct.
What is the Production possibility curve?The production possibilities curve displays different production volume combinations for two items utilizing fixed resources. The idea is that if the production of one commodity rises, the output of the other will fall.
The essential assumptions of the production possibility curve are: Resources are provided and don't change. The technology employed in the manufacturing process doesn't change. The resources are effectively and completely used.
The Production possibility curve is useful for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.
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HELP HELP HELP 10 POINTS HURRY ASP AHHH
Answers
2 - Sampling
3 - In-Store Promotion
4 - Event Marketing
Would you buy a product that costs more because ethical business practices are a part of production costs? If so, how much and for what causes are you willing to spend more? If not, argue why lower priced goods make more sense.
Answers
Successful sales people?
Answers
The central bank of Untied States is the___?
Answers
Answer:
Federal Reserve
Explanation:
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One month into your job at Madison square garden, your supervisor requests that you draft an outline of a hospitality event your department will host for the upcoming hockey season. Which principle can be best used for this assignment?
A) Project Management Software
B) Developing an Action Plan
C) S.M.A.R.T goals
D) None of the above
Question 3
Your supervisor reviews your proposed hospitality event and begins to question if the event will be executed at optimal level and if enough resourcesare available at the department’s disposal.Your supervisor is likely questioning the event
A) Feasibility
B) Success
C) Failure
D) Economic impact
Answers
Answer:
B) Developing an Action Plan
Explanation:
What was the overall response to Cornett’s plan to put his city on a diet, both locally and nationwide? What were some things that occurred as a result of the coverage and his website.
Answers
Mayor Cornett's initiative was well received nationally and locally because he cared for the public health of citizens in an innovative way.
Who is Michael Cornett?Michael Cornett (1958) is an American politician who served as the mayor of Oklahoma City between 2005 and 2018.
During his tenure, he had an innovative and unconventional initiative that he called This City Is Going On A Diet with which he sought to establish guidelines for good nutrition and a healthy lifestyle to reduce obesity rates in the city.
In general, this initiative was well received by the inhabitants of the city who joined efforts to lose weight. Additionally, this had a positive impact at the national level since the president's wife extolled her positive work for the health of citizens.
In this program, he founded a help website for people who were interested in getting professional weight loss support. There they found healthy food options, tips and other pertinent information to help them lose weight.
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Read the case, Ducati, and refer to the Ducati Financial Supplement under Files in Canvas. Read the assigned articles, Competitive Advantage (HBS) and Trade-off (HBS). Respond to the following question:
What was the fundamental economic logic behind Ducati's turnaround?
Answers
The fundamental economic logic behind Ducati's turnaround was based on the concept of creating and sustaining a competitive advantage. Ducati recognized that it needed to differentiate itself from its competitors by focusing on its core competencies in high-performance motorcycles. This required making trade-offs in terms of product offerings and target market segments.
The economic logic behind Ducati's turnaround was based on the company's ability to create and sustain a competitive advantage through differentiation and trade-offs. By focusing on its core competencies and making strategic investments, Ducati was able to increase its prices, improve its brand image, and enhance its overall financial performance.
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What aspect does line weight represent? A. angle of a line B. color of a line C. length of a line D. thickness of a line
Answers
Answer:
D
Explanation: