Networking with your friends, members of organizations and co-workers can assist a person to get the job they want or move up in their current job. Networking can help a person get into the right circles and meet new people. This will help you meet the right connections to better yourself with a new job or even move up the ladder in your current job. You can also have business cards made and give them to co-workers, friends, and family to pass around for you. You can also use people in your already completed circle of friends to use as a mentor. This will help you become the person you want to be in life.
An increase in the real wage rate decreases the quantity of labor demanded, increases the quantity of labor supplied, and when the labor market is in equilibrium, equates demand and supply of labor.
<h3>What is real wage rate?</h3>
Real Wage Rate in economics refers to the result obtained by dividing the nominal wage rate by the prices of goods.
It is used as a more accurate measure of how much the spending power and is also an indicator of the standard of living of workers.
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Answer: a. 8,830 products
Explanation:
Store A sells one third as many as Store C so if Store C sells 105,960 products, Store A would be selling:
= 105,960 / 3
= 35,320 products
Store A sells four times as many products are store B. If Store A sells 35,320 products, Store B would sell:
= 35,320 / 4
= 8,830 products
Answer:
everyone is willing to pay the taxes to receive the benefits.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
A Lindahl equilibrium can be defined as an economic state in which there is a production of an optimal quantity of public goods and the cost of these goods is shared in a fair manner among everybody. It was developed by Erik Lindahl.
In a Lindahl equilibrium everyone is willing to pay the taxes to receive the benefits.
