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soldier1979
9 days ago
6

What happens if Jeff refuses to pay the equilibrium wage for coffee shop employees?

Business
2 answers:
stepan [3K]9 days ago
7 0
If Jeff chooses not to pay the equilibrium wage for his coffee shop staff, it could lead to an oversupply of workers, resulting in unemployment among them.
stepan [3K]9 days ago
4 0
If employees report him for fraud, he could face legal repercussions.
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Builders Inc., Real Estate Broker, Inc., and Developers, Inc. form a business to purchase, develop, and build a shopping mall in
Scilla [3249]

Answer:

Joint Venture

Explanation:

A joint venture occurs when two or more firms enter into a partnership agreement to pursue shared goals within a specific timeframe. This collaboration creates synergy through the shared resources of the involved organizations. This scenario is similar, with three organizations forming a contract and agreeing to pool their resources to achieve a mutual objective. Once this goal is accomplished, the partnership (Joint Venture) will be terminated.

6 0
26 days ago
If as a part of its business, a company routinely handles toxic materials, all employees who come into contact with the hazardou
stepan [3001]
If a business regularly deals with toxic substances, all staff interacting with these hazardous materials must <span>receive training on how to handle and dispose of them safely! This is of utmost importance.</span>
4 0
17 days ago
Read 2 more answers
A contribution income statement for the Nantucket Inn is shown below. (Ignore income taxes.) Revenue $ 2,000,000 Less: Variable
Scilla [3249]

Solution

1.Hotel’s cost structure          Indications in percentage(%)

Revenue                                     $ 2,000,000                          (100)

Less: Variable expenses            $ 1,300,000                            65

                                                    --------------------

Contribution margin                       $700,000                            

Less: Fixed expenses                   $560,000                            28

                                                    ---------------------

Net income                                       $140,000                            7

2.Revenue declines by 30 percent

Revenue                                     $ 1,400,000   (2,000,000×70÷100)                  

Less: Variable expenses               $910,000   ( 1,300,000 ×70÷100)                                                                                  

                                                   ---------------------

Contribution margin                       $490,000     ( 700,000 ×70÷100)              

Less: Fixed expenses                   $392,000     ( 5,60,000 ×70÷100)                      

                                                    ---------------------

Net income                                       $98,000     ( 140,000 ×70÷100))      

3.Operating leverage factor when revenue is $2,000,000    

       Operating leverage =    Contribution/ Net income

                                             =700,000÷ 140,000=5

4.Operating leverage factor when increase in revenue by 25 percent  

increase in revenue by 25 percent= 2,000,000×25÷100 = 500,000

increase in contribution by 25 percent= 700,000×25÷100=175,000

increase in net income by 25 percent  =140,000×25÷100=35,000                                                  

       Operating leverage =    Contribution/ Net income

                                         = 875,000 ÷ 175,000 = 5

3 0
20 days ago
Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free vers
Nady [2956]

Answer:

A differentiated market

Explanation:

When a company creates products for at least two distinct categories or demographics, it follows a differentiated marketing approach.

For example, a retailer might promote items in multiple towns appealing to various individuals, or a business may market a brand tailored to women across different age groups.

7 0
11 days ago
Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring
Scilla [3249]
Answer;
To attend the field trip, a student must submit a permission slip.

Explanation; 
This is due to the fact that a singular noun like student requires a singular pronoun. The subject and verb must be in agreement, meaning instead of using the plural pronoun they with a singular noun, the correct pronouns are he or she.[[TAG_9]]
3 0
12 days ago
Read 2 more answers
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