Answer:
yes one would he confused with such a paper like this one.
Explanation:
Try asking your teacher for some guidence
Answer: D
Explanation: Another name for Statement of Financial Performance is a Balance Sheet and it shows the Financial Position of firms as at a particular date and with the appropriate currency.
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.
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.
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.
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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The given scenario for buying a car is an example of overconfidence bias
Explanation:
Overconfidence bias is an effect of Emotional bias. It is the factor of choice of purchasing the product with the basis of attractiveness towards the particular matter of brain illusion. The consumer Mr. Ryan is more attached to the style and the color of the car. He had his strong and blind belief that the outside style of the car can alone depict the value of the car than other technical factors of usage of engine and transmission.
Mr. Ryan can also have the emotional sentiment of a particular type of color as well as the glittering appearance of the car. Such thought of overconfidence will distract him to think about the feasibility features of the car over a long period of time.
Answer:
Explanation:
Retail companies are companies that acts like the last man on the supply chain of the demand and supply network in the open market. and they sell to End consumers, the staple goods and impulse goods are mostly been handled by retailers because they are everyday needs of man and the retailers are the closest to the consumers. product information helps the consumer to make maximum use of the product
Answer:
True
Explanation:
The nominal GDP is divided by the real GDP to calculate GDP deflator which is used to calculate the CPI and Inflation rate. So it is true that the GDP delfator is used to calculate inflation rate.