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Helen
2 months ago
15

According to the chart, union membership peaked around.

Business
2 answers:
arsen [3.4K]2 months ago
7 0
 <span>The count of union members hit a high point</span> in the year 1979 reaching an estimated total of 21.0 million.<span>This was in the period preceding the establishment of government regulations that imposed standards on payments made by companies.
Prior to the introduction of such standards, numerous companies were known to pay below the living wage, prompting many workers to band together to seek fairness in their contractual arrangements
</span>
stepan [3.5K]2 months ago
4 0

The chart indicates that union membership reached its highest point around 1945 .

Following 1970, membership started to demonstrate a consistent decline .

By the year 2000, approximately 12 % of the workforce belonged to a union.

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Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $60 per unit.
marusya05 [3725]
a. Using FIFO, the Cost of Goods Sold (COGS) is $17,640, while the Ending Inventory equals $12,960. b. Under LIFO, COGS totals $19,160, while the Ending Inventory is $11,440. c. The Weighted Average COGS is $18,360, and the Weighted Ending Inventory is $12,240. For Cortez Company, the inventory particulars include initial stock of 100 units from $60/unit amounting to $6,000, first batch purchase of 150 units at $68 each totaling $10,200, and a second batch of 200 units at $72 each totaling $14,400, culminating in a total of 450 units valued at $30,600. Queries about how COGS and Ending Inventory figures manifest under various methods (FIFO, LIFO, and Weighted Average) can be addressed based on those computations.
7 0
3 months ago
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
Mariulka [3825]

Answer:

Georgeland only has an absolute advantage in clothing production, not a comparative one.

Explanation:

Absolute advantage refers to a company's capacity to generate more of a product using the same resources compared to its rivals, typically due to a more effective production method.

In contrast, comparative advantage involves producing goods with a lower opportunity cost, allowing for competitive pricing.

Georgeland can manufacture 18 clothing units annually, while Alland's annual output is 16 units; therefore, Georgeland displays absolute advantage.

However, Georgeland incurs an opportunity cost of 36 food units for producing clothing, which exceeds Alland's 32 food units; hence, Georgeland lacks a comparative advantage in clothing production.

3 0
4 months ago
Consider a firm with a daily demand of 100​ units, a production rate per day of 500​ units, a setup cost of​ $200, and an annual
stepan [3596]
The storage capacity must be at least 1,095 to accommodate their EOQ

Explanation:

We will calculate the economic order quantity, which identifies the order amount that minimizes inventory costs. This size must meet the minimum requirements for storage.

D = annual demand = 100 units daily x 300 = 30,000

setup cost = ordering cost = 200

H = holding cost = 10

Q_{opt} = \sqrt{\frac{2*30,000*200}{10}}

EOQ = 1095.445115 = 1,095

The storage must have a capacity of at least 1,095 to accommodate their EOQ

How to Remember:

The annual demand and ordering cost are factored into the numerator. The holding cost is in the denominator.

3 0
2 months ago
Which of the law ideas might be created under the Elastic Clause?
Katen [3525]
<span>#1) What types of laws could be established using the Elastic Clause?

Response:
Initially, it’s important to note that the Elastic Clause refers to a provision in the Constitution, specifically Clause in Article I, Section 8, which empowers Congress to enact all laws deemed "Necessary and Proper." The interpretation of this clause has sparked considerable debate about Congress's authority to legislate on matters not explicitly mentioned in the Constitution. Among the various possibilities, the most plausible law that could be enacted under the Elastic Clause is A) regulations for ratifying foreign treaties.

<span>I trust this is helpful, Regards. </span></span>
6 0
3 months ago
Read 2 more answers
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