Discuss whether or not an increase in the wage rate paid to chefs will encourage more
people to become chefs.

Answers

Answer 1

Answer:

obviously increase in which rate of chips will encourage more people to become chef

Explanation:

but as perlot of demand is supply of chef increase more than demand of chips there will be not reduction in wages of chef till were will be equilibrium

Answer 2

Answer:

Yes it might make more people want to be chefs but some people do it not for money but for their love of cooking.

Explanation:


Related Questions

State and explain 4 way by which a contruct
Can be discharged

Answers

Answer:

1. Discharge by performance:

The contract comes to an end when both parties perform their contractual obligations

example : guy finds a bike on craigslist, they meet outside and the buyer pays the seller

2. Discharge by mutual consent :

example : guys buys a shirt from a store. later he doesnt like it anymore and returns it back to the store which is OK because it's the stores policy

3. Discharge of contract by impossibility of performance:

usually occurs when the contractual duty cannot be performed because of illness

4. Discharge by frustration:

example : where something like an outbreak of a war could void a contract

5. Discharge by Anticipatory (or repudiatory) breach :

guy doesn't do what he said he would do. he doesn't come through

examples: you've contracted to buy a house but then he sells it someone else

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anet, Carol, Eva, and Wendy incorporate their law practice (“Shysters-R-Us, Inc.”) with the following investments: A) Janet contributes her copyright (basis of $60,000 and FMV of $144,000) for 9400 shares of Shyster stock, worth $98,000. The corporation also assumed her $46,000 of business debts. Janet’s basis in her Shyster stock.

Answers

Based on the basis of the stock that Janet contributed and the business debts assumed, Janet's basis in Shyster is $14,000.

What is Janet's basis?

This can be found as:

= Basis of the copyright that Janet contributed - Her business debts assumed

Solving gives:

= 60,000 - 46,000

= $14,000

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The Government of Ghana has initiated severally policies aimed at digitalizing the economy. Over the past
decade, the government has initiated policies such as the e-payslip to curb ghost workers, the construction of
the Accra digital centre, the introduction of Ghana.gov to facilitate online payments such as filling taxes among
others and the QR code system. However, the patronage of such platforms and systems has not been
encouraging. In an attempt to encourage adoption and frequent usage of the online platforms, the Government
of Ghana wishes to understand the reasons Ghanaians fail to fully patronize these platforms. Your friend who
works with the ministry of communication recommends you as the best consultant for the project. As a
consultant, you are expected to determine how the age of citizens, level of education, gender, income, and rural
and urban settlement affect patronage of digital platforms. As the consultant:
a. Formulate a research topic and state the dependent and independent variables.
b. State the general objective and two specific objectives for this study.

Answers

Answer:

3x3+4-4hrhrbrbrbbrbbdbdbdbbrbr

Tintin Company Limited has recently undergone an extensive re-branding exercise and a new website has been created. As the Director of Human Resource Management, you have been tasked to look at the implications for individuals pursuing a career in Strategic Human Resource Management in an organization. Discuss and analyze the statement.

Answers

The Human Resource Management in an organization is important to improve business performance.

What is human resources management?

It should be noted that human resources management simply means the strategic approach to the efficient management of people in an organization.

In this case, the Human Resource Management in an organization is important to improve business performance.

Also, they are important to uphold a culture that's inspires innovation.

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What is supply and demand?

Answers

Answer:

Supply and demand is an interection between the sellers of a product and the people who want to buy that product. Price is affected by supply and demand in a market. Supply and demand is affected by technology and working conditions.

Demand and supply can be graphed to calculate the best price for a product. The space where the 2 lines meet is the equilibrium price.

A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?

Answers

Answer:

$2500

Explanation:

Given,

No. of peoples living in a country = 20,000

GDP of the country is = 50 million dollars or $50,000,000

As we know,

[tex]per \: capita \: gdp \: = \frac{country's \: total \: GDP }{country's \: total \: population} [/tex]

Therefore,

The per capita GDP of the given country will be

[tex]= \frac{country's \: total \: GDP }{country's \: total \: population} [/tex]

[tex] = \frac{50,000,000}{20,000} [/tex]

= $2500

Henceforth,

The per capita GDP of the given country is $2500 (Ans)

One week, Rachel earned $250. She spent $120 on food, $30 on miscellaneous items, and saved the rest.

If Rachel makes a pie chart showing how she spends her money, the central angle for the food sector would be

Answers

If Rachel makes a pie chart showing how she spends her money, the central angle for the food sector would be 172.8°

Calculations and Parameters

Given that the total angle in a pie chart is 360°

360° = $250

? =.$120

To find the degree/angle that would be used for a $120 spend would be

120×360= 43200

43200÷250

=172.8°

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Forever Inc. is a confectionery company that manufactures candies. It does not use specific strategies to target children when marketing its products. Instead it uses the same strategies to promote its candies among all consumers in the market. In this scenario, Forever uses a(n) _______.

Answers

In the aforementioned illustration, Forever Inc. is said to be employing an undifferentiated targeting approach because it is utilizing the same techniques to market its sweets to all consumers.

What is targeting strategy?

A targeting strategy is one adopted by a company or organization with the goal of upselling its products to the market's target audience of its goods and services.

Undifferentiated targeting is the employment of a similar targeting technique to promote products in the market without differentiating between the promotion of the same product to two different audiences.

Hence, option B states about the correct targeting strategy. An image of complete question is added for better reference.

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The bid price is $0.64 for the Canadian dollar and the ask price is $0.68 for the Canadian dollar. What is the bid-ask spread for the Canadian dollar?
O a. 6.25%
O b. 8.75%
O c. 5.25%
O d. 6.77%
O e. 7.77% ​

Answers

Answer:

Explanation:

The way this is normally done is to take the difference between the bid price and the ask price and divide by the ask price. That answer is not listed. What is listed is the difference divided by the bid price which is (.68 -.64)/.64 That gives 0.0625. To get a % multiply by 100..That gives 6.25% which is A.

So that is the best I can do for you.. Done the way I first suggested gives 5.88% which isn't there.

which of the following is the process of coming up with something new? a. Innovation O b. O Business Model c. Creativity d. Design. which of the following is the process of coming up with something new ? a . Innovation O b . O Business Model c . Creativity d . Design .​

Answers

Innovation is the process of creating something new. Hence, choice A is right.

What do you mean by innovation?

Innovation is the process of coming up with a fresh concept or creating a good or service that has a market value that customers are willing to pay for and meets their requirements and expectations.

Design innovation is a technique used to generate innovation. It focuses on meeting human requirements with available technology and developing a workable business plan to capitalize on this market opportunity.

Hence option A is correct.

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Please answer the following questions:
1. Maple, a highly motivated entrepreneur plans on applying for a business loan from Bank of
America. She finds out that the percent change in price of business loans increased to 5% last
month. This resulted in a 50% percent change in quantity demanded from 1000 applicants to 500
applicants. What is the business loan's price elasticity?

Answers

The price elasticity of the loan taken by the entrepreneur comes out to be 10.

What is the price elasticity of demand?

The price elasticity of demand is an indicator used to determine the sensitivity of demanded quantity with respect to its corresponding price.

Given values:

Change in quantity demanded: 50%

Change in price: 5%

Computation of price elasticity of demand:

[tex]\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{\rm\ Change \rm\ in \rm\ quantity \rm\ demanded}{\rm\ Change \rm\ in \rm\ price} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{50\%}{5\%} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=10[/tex]

Therefore, when the change in quantity demanded is 50% with the change in the price is 5%, then the price elasticity of a business loan is equal to 10.

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alternatives to commercial insurance​

Answers

Explanation:

Labor and Economic Opportunity.

Bureaus & Agencies.

Workers' Disability Compensation Agency.

Insurance Requirements.

Group Funds - An Alternative to Commercial Insurance.

Project success is defined as adherence to budget, schedule, functionality (performance) and client satisfaction. Under these criteria, cite evidence that suggests the Sochi Olympics project was a success and/or failure.

Answers

The evidences provided suggest that Sochi Olympics was a great failure as the estimated cost of the Olympics went up.

What is Budget?

Budget refers to the future projections of the income and the expenditure. It tells where the individuals income will be utilized at the given period of time.

There are several evidence available that suggest that the Sochi Olympic was the failure.  The budget estimation was the failure as cost went more then $50 billion.

One of the other evidence was the corruption in the several area such as infrastructure, buildings, and roads etc which ended up with highly inflated price tags.

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Which type of tax funds the salaries of public school teachers?
A. State income tax
B. FICA tax
C. Federal income tax
D. Local income tax

Answers

Answer:

c

Explanation:

Why is it important to discuss promptly the results of a supplier visit or survey with the supplier? If a supplier has a weak area, under what conditions would supplier development be appropriate?

Answers

Answer:

Unless we share the result with the provider, they will not be able to get it the issues which we are confronting and hence, circumstance will get even more regrettable within the days to come.

Explanation:

It is imperative to examine the result of a provider visit to a supplier since provider must know what are the problems which you're confronting whether it is in terms of quality of item or opportuneness of conveyance or fetched brought about etc.

a) On the off chance that you gave late input to a provider, at that point the greatest impediment would be that he would have as of now dispatched the dispatch and the issues which you had in terms of taken a toll or quality will not be taken care of and hence, you'll have no other alternative but to acknowledge the delivery. In order to anticipate this from happening, you must provide opportune feedback to the provider so that he knows which regions he must move forward. You ought to moreover donate a few kinds of a caution to him that in case the same sorts of botches are rehashed once more, the contract would get cancelled.

b) There are customary methods for rating a provider's execution counting evaluation outlines, audits, system estimations, and programming applications. Marlin Steel tracks provider execution utilizing an altered program he made in QuickBooks Venture Arrangements bookkeeping programming, the Fabricating and Discount release. You can make a diagram where you ask that you possess agents reply to addresses and to rate suppliers and providers. You'll study what number of medicinal exercises you required to issue a supplier or dealer, what number of things you required to scrap or return in light of the reality that the supplier or provider dismissed to meet particulars, or what number of clients protests you got since of a loathsome portion or organization from a dealer. You moreover can screen suppliers and venders by doing a survey sometimes.

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Without our sharing the results with the supplier, they won't be able to understand the problems we are having, which will make the situation even more unfortunate in the days to come.

The issue that needs to be addressed with the supplier.

The outcome of the provider's visit to the supplier must be carefully considered since the provider has to be aware of any issues you may be having with the item's quality, the timing of its delivery, the cost of having it fetched, etc.

If you provided a provider with late input, the biggest obstacle would be that he would have already sent the delivery and any problems you had with cost or quality would have already occurred. not be taken care of and hence, you'll have no other alternative but to acknowledge the delivery. To anticipate this from happening, you must provide opportune feedback to the provider so that he knows which regions he must move forward. There are customary methods for rating a provider's execution counting evaluation outlines, audits, system estimations, and programming applications. You can make a diagram where you ask that you possess agents to reply to addresses and to rate suppliers and providers. You moreover can screen suppliers and vendors by doing a survey sometimes. Respond to addresses, and rate vendors and service providers. Furthermore, you might occasionally conduct a poll to evaluate vendors and suppliers.

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Abbott Company purchased $6,500 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this transaction affect the financial statements? Multiple Choice Decrease accounts payable and decrease purchases Increase inventory and increase accounts payable Increase cost of goods sold and increase accounts payable Decrease accounts payable and decrease inventory

Answers

The correct option is B which means through this transaction there is an increase in the stock or inventory and an increase in accounts payable also.

What is a Perpetual Inventory Method?

Perpetual Inventory Method is a method of inventory valuation that records the transaction at the time when it occurs. A perpetual inventory system will record changes in inventory at the time the transaction occurs.

Thus, the value of inventory is increased by $6,500 along with that accounts payable are increased by such $6,500.

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As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors
you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.

Answers

Some factors to consider when managing a multicultural and diverse workforce are:

CommunicationEthicConflict managementLearningInclusionHow to manage a multicultural team?

It is essential that there are a series of policies and procedures that focus on organizational ethics, creating a culture that promotes diversity and individual values. The manager must be attentive to the needs of the teams, promoting learning and the inclusion of employees in organizational processes.

Therefore, a diverse culture can be beneficial for the exchange of experiences, learning and innovation.

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What is the name of a graph that shows all the combinations of
goods and services that can be produced if all of society's resources
ara used?
O production possibilities curve
O Lorenz Curve
O capital consumption frontier
O circular flow model

Answers

Production Possibilities Curve is the name of the graph that shows all the combinations of goods and services that can be produced if all of society's resources are utilized. Hence, Option A is the correct choice in this case.

What is a Production Possibilities Curve?

A graph that suggests all of the extraordinary combinations of the output of goods that may be produced using available sources and technology is referred to as the Production Possibilities Frontier (PPF). The PPF captures the ideas of shortage, choice, and tradeoffs.

Hence, Production Possibilities Curve is the name of the graph that shows all the combinations of goods and services that can be produced if all of society's resources are utilized. Option A is the correct choice in this case.

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Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can take for the loss on the sale?

$0
$2,500
20% of $25,000
60% of $25,000

Answers

The amount they can take as deduction for the loss on the sale of their home is; $0.

How much can they take as deduction for the loss on the sale?

It follows that deductions can only be taken on losses incurred on the sale of property used for business or investment purposes.

Hence, since the item sold is their personal home, it follows that they cannot take any deduction on the loss on the sale.

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Which of the following describes the evaluation stage of the creative process?
generating alternative solutions and taking a break
defining the problem by looking for new angles and gathering others' opinions, feelings
and ideas
O allowing your subconscious to work on the problem and gaining new insight into the
solution
assessing the solution to make sure the idea is practicality

Answers

The correct option is D. Assessing the solution to make sure the idea is practical and best describes the evaluation stage of the creative process.

What is Evaluation?

Evaluation is the fourth stage out of five stages of a creative process during this stage validate your idea and weigh it against the alternative.

Thus, the validation of your idea and weighing it among the alternatives best describe an Evaluation.

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What is a good personal objective to apply a SWOT Analysis to?

Answers

A good personal objective to apply a SWOT Analysis to is to help the organization to be able to identify making a business decision.

What the objective of SWOT analysis?

A SWOT analysis can be regarded as the ability to gather the company's strengths as well as weakness along  threats.

One of the main objective to SWOT analysis is to be able to identify and be aware of the  factors involved in making a business decision.

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Advocates of small businesses often argue that they should receive special tax treatment. Assume that small businesses had to pay only half the Social Security tax that is imposed on large corporations. What effect would that have on production efficiency?

Answers

The effect that the tax will have on production efficiency is that it will lead to more production and revenue.

What is a tax?

It should be noted that a tax simply means a compulsory levy that's imposed on the citizens and businesses by the government.

In this case, the effect that the tax will have on production efficiency is that it will lead to more production and an increase in revenue.

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Where is focus located in concave mirror?
C) Concave mirror has the focus located in front of its reflecting surface. A concave mirror, or converging mirror, has a reflecting surface that is recessed inward.

Answers

Answer:

you are correct for this answer

When calculating turnover of property plant & equipment and receivables, which item from the income statement do we use? Operating expenses, Sales, Gross profit, Net income

Answers

The term used from the income statement to calculate turnover is (b) Sales

How to determine the term?

The turnover of property plant & equipment and receivables is calculated using

Turnover = Sales ÷ Average Inventory

The dividend in the above equation is Sales

Hence, the term used from the income statement is (b) Sales

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There are three types of unemployment: frictional, structural, and cyclical. Which one is the worst for workers and what could they do to avoid it? Explain

Answers

Answer:

Over time, the economy experiences many ups and downs. That's what we call cyclical unemployment because it goes in cycles. Cyclical unemployment occurs because of these cycles. When the economy enters a recession, many of the jobs lost are considered cyclical unemployment.

For example, during the Great Depression, the

Answer:

Structural Unemployment is the most common type of unemployment. It is also the worst type of unemployment. Since it is caused by forces other than the business cycle, it is more permanent in nature compared to other types of unemployment.

Explanation:

Economists primarily focus on three types of unemployment: cyclical, frictional, and structural.

To what extent is there anything positive to be said for bureaucratic structures? Select a large-scale organization of your choice and suggest ways in which it displays characteristics of a bureaucracy​

Answers

Answer:

Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism

In this assignment, you will research the cost of the first year at a two- or four-year college, depending on
the needs of your career choice. Using reference materials and Internet sites, you will collect information
about the college fees, housing, food, books, and about optional ways to pay for that year of college. In
addition, you will need to set up a savings plan. You will use a spreadsheet program to show your costs
for the first year of college and the monthly progress of your savings for the time until you go to college.
Useful references for gathering this information are at the end of this document. You will then present
your findings in a word document.

Answers

A sample savings plan for a college student based on the given requirements would be:

Daily savings: $500Weekly savings: $3,500Monthly savings: $14,000Yearly savings: $168,000It would 6 months of saving to get $84,000

What is a Savings Plan?

This refers to the financial plan that is made in order to sort a budget and set aside certain amounts of money to fund a particular thing.

Hence, we can see that the useful information to be used is:

(Yearly)

College fees: $30,000Housing: $24,000Food: $16,000Books: $12,000Total: $82,000

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Understanding that business organizations can be extremely diverse, identify and explain management strategies to promote motivation and communication

Answers

Some management strategies to promote motivation and communication are encouraging group work and having effective communication channels.

Why are motivation and communication important?

These two elements make sure employees give the best of themselves and can report/solve problems efficiently.

How to promote these elements?

Some strategies that can be used are:

Group work: If employees work together in projects they are more likely to communicate; also, this increases motivation as work is shared.Communication channels: This makes employees they can easily and effective communicate with subordinates, colleagues and superiors in different situations.

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A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that:

Answers

A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that: the opportunity costs of the products are constant.

What is opportunity Cost?

Opportunity cost is an amount of money or satisfaction that an individual is willing to let go.

This is done in other to choose another product with more benefits that the previous one.

It is constant when the slope moves to the right side of the graph

Therefore, A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that: the opportunity costs of the products are constant.

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what are the three element of business equipment and resource?

Answers

Answer:

1.1 Identify and access business equipment or resources required to

complete task under direct instructions

1.2 Estimate quantities and resources correctly to complete the task

1.3 Check equipment for serviceability in accordance with equipment

instructions

2. Operate equipment

2.1 Operate equipment in accordance with manufacturer's specifications

and under direct instructions

2.2 Identify equipment faults accurately and take action to ensure

equipment is repaired in accordance with manufacturer's

specifications

2.3 Report repairs outside area of own responsibility to appropriate

persons

3. Maintain equipment or resources

3.1 Maintain equipment or resources to support completion of tasks under

direct instructions

3.2 Undertake maintenance to ensure equipment meets manufacturer's

specifications

3.3 Maintain records concerning equipment or resources under direct

instructions

3.4 Store equipment and resources under direct instructions

Explanation:

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Hurry pleaeeeee show your work117n + 90= Given A(-2, 5) and B(13, -7), find the midpoint of AB. Which statement best completes the diagram? Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar.In this graph, the number of containers is plotted along the x-axis and the amount of water in the containers is along the y-axis.The proportionality constant of the graph (y to x) is Help me? It would be a blessing! Marginal Incorporated (MI) has determined that its before-tax cost of debt is 5.0% for the first $74 million in bonds it issues, and 9.0% for any bonds issued above $74 million. Its cost of preferred stock is 15.0%. Its cost of internal equity is 18.0%, and its cost of external equity is 22.0%. Currently, the firm's capital structure has $400 million of debt, $60 million of preferred stock, and $540 million of common equity. The firm's marginal tax rate is 25%. The firm's managers have determined that the firm should have $67 million available from retained earnings for investment purposes next period. What is the firm's marginal cost of capital at a total investment level of $155 million Which of the following heuristics or rules of thumb are used to make inventory decisions?Estimated order quantitySale for salePeriod order quantityCash-to-cash cycleAll of the above In your own words, explain why a study published a cereal company that finds that breakfast is the most important meal of the day is likely to contain bias. How many native Americans served in world war 2 What is the solution to the linear equation?-12 +3b-1-5-bb=-2 b = -1.5 b = 1.5b = 2 Health in panama improved as a result of construction of the panama canal because doctors protected laborers by. help help help help help Asset deflation: Multiple select question. reflects a decline in the productive capacity of assets and therefore reduces potential output. tends to reduce the value of collateral used for consumer and producer loans and therefore consumer spending. can lead to deflation in the economy in general. tends to reduce consumer and business confidence and therefore business investment. Flynn Company determines that it cannot collect $8,000 of its accounts receivable from its customer, MDC. Record the journal entry required of Flynn under (a) the direct write-off method and (b) the allowance method. Since literacy became important in theearly 1900's, how many weeks ofschooling became mandatory forchildren under the age of 12?A. 10 - 12B. 12-16C. 14-18 D. 16-20 In a microbiology laboratory, what does culturing mean?. Assume that tangerines are produced in a constant cost industry which sells in a perfectly competitive market. Suppose that at the current level of output, firms are earning positive economic profits. What can we say about the long run equilibrium where productive and allocative efficiency is achieved 1. What career do the adults in young Mandelas life planfor him to follow?2. How do speeches teenage Mandela hears change hisview about English rule in South Africa?3.Why is the National Day of Protest organized, and whatare its results? Why did many question whether slavery had really died during the Reconstruction period from 1865-1877? PLEASE HELP ME!3 markers cost $5.79 Which proportion would help determine the cost of 13 markers? A:13/5.79=x/3B:x/13=3/5.79C:3/5.79=13/xD:13/x=5.79/3E:None of the Above