Minimum-wage laws dictate:a. the exact wage that firms must pay workers.
b. a maximum wage that firms may pay workers.
c. a minimum wage that firms may pay workers.
d. both a minimum wage and a maximum wage that firms may pay workers.

Answers

Answer 1
Answer:

Answer:

A minimum wage that firms may pay workers (Option C)

Explanation:

A minimum wage is the lowest pay, wage or salary permitted by law for employers to pay their workers. In other words, a minimum wage is the price benchmark which workers should not go below in offering labor.  

Minimum wages are legally established to protect or guard workers against unduly low pay or exploitation. Most countries of the world have minimum wage legislation that was introduced before the end of the 20th century.

Answer 2
Answer:

Final answer:

Minimum-wage laws dictate the minimum wage that firms may pay workers. They don't set an exact or maximum wage, allowing firms to pay more based on various factors.

Explanation:

Minimum-wage laws govern c. a minimum wage that firms may pay workers. These laws are put in place to ensure that workers receive a basic level of compensation for their labor. In other words, they set a baseline wage that employers cannot legally go below.

However, it's essential to note that minimum wage does not represent a universal wage. Companies are free to pay above the minimum wage based on the demand for labor, skill levels, experience, job performance, and other factors.

These laws are important for protecting workers from exploitation and solving income inequality to some degree.

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Which of the following is true about present value calculations? Other things remaining equal, the present value of a future cash flow increases if the investment time period increases.
Other things remaining equal, the present value of a future cash flow decreases if the investment time period increases.

Answers

Answer:

The correct answer is letter "B": Other things remaining equal, the present value of a future cash flow decreases if the investment time period increases.

Explanation:

Present Value informs us how much a future sum of money today is worth, given a defined return rate. This is an important financial concept based on the principle that the money received in the future is not worth as much as today's equivalent amount.

For instance, three years from now, $5,000 received is not worth as much as $5,000 received today. If you are investing the $5,000 now, it will be worth more than the original amount assuming a calculated rate of return in two years. Waiting for two years to invest the money is a two-year loss of interest, making the future money worth less than the $5,000 now.

Final answer:

The present value of a future cash flow decreases when the investment time period increases.

Explanation:

Present value is a financial concept used to determine the value of a future cash flow in today's terms. When the investment time period increases, the present value of a future cash flow decreases, assuming all other factors remain the same. This is because the longer the time period, the more uncertainty and risk associated with receiving the cash flow.

For example, let's say you have the option to receive $1,000 in one year or $1,000 in ten years. Assuming a constant interest rate of 5%, the present value of $1,000 in one year would be greater than the present value of $1,000 in ten years. This is because there is more time for the interest to accumulate on the $1,000 over ten years, making it less valuable in today's terms.

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TeamBuilds is a service organization that has corporate teams pay $7,500 for an all-day team-building session with a management consultant while they work together on renovating a Habitat for Humanity home. TeamBuilds' _____ service is improved work team relationships.a. primaryb. corec. niched. supplementarye. foundation

Answers

Answer: core service

                           

Explanation: In simple words, core service refers to the services that are of high importance to the transactions and the business of the rendering firm depends on such services. In other words, it is the main product that the business offers to their customers.

These services renders the benefits that a customers expects to get from his or her purchase. In the given case, Team builds in involved in services in which they provide session that shows how one group should work together.

Hence improved work team is their core service.

Dividing buyers into groups based on their knowledge, attitudes, uses, or responses to a product is called ________ segmentation. Group of answer choices geographic age and life-cycle psychographic behavioral user status

Answers

Answer: Behavioral segmentation

Explanation:

Behavioral segmentation refers to the division of consumers into groups according to their knowledge, attitudes, uses or responses to a product. Behavioral variables have been seen as the best starting point to segment a market. Within this type of segmentation, there are various definitions, one of them being occasions. On occasions, people are grouped according to the occasions when they have the idea of buying. There are also the benefits sought, which consists of grouping people according to the benefits they seek from a product. The frequency of use is also another way of grouping people, where they are grouped according to the times they are going to use a product or service.

In the game of economics which player use goods and services

Answers

Everyone pretty much. But I think the answer you're looking for is "consumers."

Everybody uses goods and services all the time

The lower-of-cost-or-market rule requires a company to ________.

Answers

Answer:

value its inventory

Explanation:

In the lower of cost or market inventory valuation method, as the name implies, inventory is valued at the lower of original cost or market value.

Final answer:

The lower-of-cost-or-market rule requires a company to record its inventory at the lesser of the cost to produce it or its current market price. This rule helps to prevent the inflation of inventory values and to indicate potential losses due to market price decreases.

Explanation:

The lower-of-cost-or-market (LCM) rule requires a company to record its inventory at the lower of the cost to produce it or the market price. This accounting method is used to prevent the overstatement of the inventory's value. For example, if the cost to produce a product is $2 but its market price drops to $1.65, under the LCM rule, the company should record the inventory at $1.65. This rule is developed to prevent businesses from inflated reporting of their assets and to reflect potential losses in the value of inventory due to decreases in market price, rather than keeping them on the books at unrealistically high costs.

Lower-of-cost-or-market rule, inventory value, and accounting practices are key factors in business finance, especially for companies dealing with physical goods. The goal of this rule is to provide the most accurate picture of a company's financial position.

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Which of the following activities is not part of preparing for a job interview?a. Dress carefully and arrange to arrive on time.
b. Think about questions that might be asked and practice answering them.
c. Smile warmly, make eye contact, and shake hands firmly.
d. Find out who will be interviewing and what the company does.

Answers

d is the answer. okkkkkkkkkk