Suppose that an increase in health consciousness increases the demand for fitness centers across the country. Other things being equal, we can expect the wages of fitness instructors to:

Answers

Answer 1

Answer:

Increase.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

According to the law of demand, there exist a negative relationship between the quantity of goods or services demanded and the price of goods or services i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

In this scenario, an increase in health consciousness increases the demand for fitness centers across the country. Other things being equal (ceteris paribus), we can expect the wages of fitness instructors to increase because their services would be sought or demanded by the trainers.


Related Questions

with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

Answers

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

economics! please HELP
What do you think Adam Smith would think of the capitalist societies today? (regarding his "invisible hand" philosophy)

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Answer:

The invisible hand is a term coined by Adam Smith, through which he stated his belief that an individual who acts for the benefit of himself also indirectly acts for the benefit of society or the collective, given that through the obtaining of benefits on the individual face greater wealth would be generated, transferring these benefits to the whole of society. Thus, I consider that if Adam Smith saw the current capitalist governments and the public participation of these in social assistance systems, he would not consider such actions as correct.

Apply Concepts Describe a hypothetical government budget that employs an expansionary policy.

Answers

Answer:

There will be cut in taxes and increased spending.

Explanation:

Expansionary policies are those in which government takes decisions to increase the spending on infrastructure, health, education and other development projects and reduces the taxes. This strategy is used to boost the economy. The increased spending creates more opportunities and there will be lesser unemployment in the country.

Write a brief note on Axioms of interpersonal communication with example of real life business communication.

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Answer:

axiom shows that everything one does is a message: "Activity or inactivity, words or silence all have message value: they influence others and these others, in turn, cannot not respond to these communications and are thus themselves communicating" (Watzlawick, Beavin, and Jackson, 1967, p. 1). This is true only however if the parties are "in the presence of another" (Watzlawick & Beavin, 1967, p. 4). This can cause problems in the relationship system though. For example, if one doesn’t want to communicate and inadvertently communicates this fact it may anger the other party. The appreciation for people who behave emotionally reserved verses who express their thoughts and feelings freely, may differ considerately between cultures. Insensitivity to these differences or the signals that people send, may hinder or undermine a smooth acculturation process considerately

Explanation:

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A company has stock which costs $41.50 per share and pays a dividend of $2.50 per share this year. The company's cost of equity is 7%. What is the expected annual growth rate of the company's dividends

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Answer:

90

you welcome

Which of these currencies is used in New Zealand?
A. The pound sterling
B. The dollar
C. The peso
D. The yen

Answers

I think the answer is B. The dollar

PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?

Answers

Explanation:

Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.

Distinguishing your qualities and shortcomings can be very significant. Not exclusively will it permit you to move toward assignments and difficulties with a superior comprehension of how to succeed and what traps to pay special mind to, yet it likewise permits you to viably convey what you can contribute, which is fundamental for things like new employee screenings.

Raoul receives a postcard from a car dealership reminding him of the substantial discounts and extras he can receive if he buys a car this month. This ad addresses which stage in the adoption process

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Answer:

Explanation:

Jsksnakanak

Without creating a separate business organization, Rey starts up Street Cruisers, a pre-owned auto sales enterprise. This enterprise is

Answers

A dole proprietor(the answer)(you’re welcome)

Based on the fact that Rey did not create a separate business organization, the enterprise is a Sole Proprietorship.

What is a sole proprietorship?

This refers to a business that is owned and operated by an entrepreneur who is not considered separate from the business.

This means that any liabilities of the business are the person's liabilities of the owner who in this case is Rey.

In conclusion, this is a sole proprietorship.

Find out more on sole proprietorships at https://brainly.com/question/4442710.

A corporation has 3000 shares, 10% preferred stock of $55.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $300,000. Calculate earnings per share. (Round your answer to the nearest cent.)

Answers

Answer:

the earning per share is $47

Explanation:

The computation of the earning per share is shown below;

= (Net income - preference dividend) ÷ number of common stock outstanding

= ($300,000 - (3000 × $55 × 10%) ) ÷ 6,000 shares

= $47.25

= $47 per share

Hence the earning per share is $47

Match each given scenario to its cause.

Answers

Answer:

1 goes to 2 and last one goes to 4 and 3 one goes to 3 and 1 ones goes to 4th

Explanation:

At the end of the year, Super Shipping has calculated its federal income tax amount for the year to be $10,000. Super Shipping has already made federal income tax payments in the amount of $4,000. How is the adjusting entry for Federal Income Tax Expense recorded on a multicolumn trial balance worksheet

Answers

Answer and Explanation:

The journal entry to record the federal income tax expense is shown below:

Federal income tax expense ($10,000 - $4,000) $6,000

        To Federal income tax payable $6,000

(being the federal income tax expense is recorded)

Here the federal income tax expense is debited as it increased the expense and credited the federal income tax payable as it increased the liabilities

PLEASE

I recently got a new phone and now it won't give me notifications for reminders. I've tried everything and I'm screwed. What are some ideas for rembering stuff throughout the day? For instance, I need to talk to my bio teacher tomorrow about an assignment but I'll forget since I don't have reminders. What are some methods that work other than shoving a post-it down my pocket?​

Answers

Answer:

you can make an agend or put noted on your fridge

Explanation:

Casassa, a merchant in San Francisco, under the terms of a nonshipment contract, agrees to sell 50 cases of packaged macaroni to Paoli, a restaurant owner whose business is in San Jose. At the time of contracting for the sale, both parties are aware that these identified goods are in a warehouse in Fresno. The place for delivery is not specified in the agreement. On the basis of these facts, the place for delivery is

Answers

Answer:

Fresno

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America. There are special rules known as the special business standards that are set up by UCC governing merchants and the sales of goods in Article 2 of the Uniform Commercial Code.

Under Article 2 of the Uniform Commercial Code, a shipment contract between two parties (buyer and seller) states that a buyer bears the risk of loss and is typically responsible for the costs of goods in the event of any damage or loss incurred during transportation and prior to receiving the goods.

In this scenario, the transaction is a nonshipment contract and the place for delivery is not specified in the agreement.

However, on the basis of the facts that both parties are aware that the 50 cases of packaged macaroni are in a warehouse in Fresno, the place for delivery is Fresno.

The Internal Revenue Service (IRS) is the federal government agency responsible for (5 points) Group of answer choices Filling out your tax forms Writing tax laws Tax collection and tax law enforcement Keeping the unemployment rate low

Answers

Answer:

Tax collection

Explanation:

The IRS collects taxes, interprets the tax laws, and holds people accountable for paying taxes.

what is 5669-56+6-1+76-1234567890

dont answer

Answers

Answer:

okay

Explanation:

Answer:

-1234562196

Explanation:

When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?

Answers

Answer: d) Give them the title to her car.

Explanation:

If they want some collateral then Sydney would have to give them collateral and a car is one of the best known examples of collaterals there is.

Sydney can give them the title of the car which means that if she defaults on the loan, her parents will be able to sell the car to get back the amount that they loaned her. She cannot sell the car until she pays them and she may have to add them as beneficiaries to any car insurance that she may have on the car.

After years of using a mass marketing strategy, Precision Print Shop has responded to new competition from larger companies by focusing on small market segments that have been ignored by these competitors. Precision believes that by offering these market segments personalized customer service it can attract a loyal group of customers willing to pay premium prices. What is Precision's strategy known as

Answers

Answer:

niche marketing

Explanation:

Niche marketing is the type of marketing in which the promotion and the selling of the product and services are held for the specific section to be done. It focused on the particular market targets that could give the benefit from that specific product not with the overall market also this market would be high cost effective

SO according to the given situation, it is a niche marketing strategy

The advertisement on the back page of Sandy's newspaper compared the cost savings between three major furnace manufacturers and listed each company by name. What type of advertisement was Sandy looking at

Answers

Answer: Comparative advertising.

Explanation:

Companies usually talk about how they are better than their competitors when trying to get people to patronize them and with comparative advertising, they actually show you that they are better.

They do this by showing a comparison between their products and prices with others so that one can see for themselves which brand is best. These ads are usually biased towards the company whose products the advertisers aim to sell more of.

Carla needs to examine the structure of the tables in her database. Where will she find the Table Analyzer Wizard in
Access 2016 to achieve this goal?
O Home
Create
O Database Tools
O File
Save and Exit
Nexi
Mark this and return

Answers

Answer:

database tools

Explanation:

Answer:

C) Database Tools

Explanation:

what is construction production​

Answers

Answer:

The production in construction index is a business-cycle indicator which measures the monthly changes in production of buildings (residential and non-residential) and of civil engineering (roads, railways, bridges, tunnels, utility projects).

You will need to complete the resumé worksheet for this assignment. Put the information into the box below for your grade.

Answers

Put the resumé worksheet so I will be able to help you with it

The total book value of WTC’s equity is $13 million, and book value per share is $20. The stock has a market-to-book ratio of 1.5, and the cost of equity is 9%. The firm’s bonds have a face value of $9 million and sell at a price of 110% of face value. The yield to maturity on the bonds is 6%, and the firm’s tax rate is 21%. What is the company’s WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer:

5.38 %

Explanation:

WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt

where,

Cost of Equity = 9.00 % (given)

After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %

Market Value of Equity = 1/5 x $13 million = $2.6 million

Weight of Equity = $2.6 million / $11.6 million = 0.22

Weight of Debt = $9 million / $11.6 million = 0.76

therefore,

WACC =  9.00 % x 0.22 + 4.74 % x 0.76

           = 5.38 %

thus

the company’s WACC is 5.38 %

for which person would renting a home be a better option than getting a mortgage?

Answers

Answer:

Someone who wants ro avoid spending time and money on maintenace

Explanation:

What is the importance of international law to businesses engaged in international trade?

Answers

Answer:

The above pic might help you :)

Maddox Auto Parts, Inc., contracted with Billy's Mufflers Co. to purchase 35 mufflers from their warehouse supplies. All the mufflers Maddox Auto Parts ordered were already made and packaged and merely required transportation to Maddox Auto Parts. Billy's Mufflers wrote out an order form designating which 35 mufflers were to go to Maddox Auto Parts. If a question as to when Maddox Auto Parts acquired an insurable interest in the mufflers were to arise, a court would likely hold that
Maddox Auto Parts gained an insurable interest in the mufflers:
A. at the time of contracting.
B. at the time the mufflers were
C. given to the carrier.
D. at the time of delivery.
E. 24 hours before delivery.

Answers

Answer: A. at the time of contracting.

Explanation:

Insurable interest is the reasonable concern to obtain insurance against unforeseen events such like losses or death. Insurable interest is when the loss of an object or damage would result in a financial loss.

Based on the information given, Maddox Auto Parts gained an insurable interest in the mufflers at the time of contracting. An individual will gain an insurable interest immediately s contract takes place.

Therefore, the correct option is A.

Identify the choice that best completes the statement or answers the question. The law of comparative advantage states that a nation is better off when it produces goods and services for which it has the comparative advantage. How is a comparative advantage obtained

Answers

Answer:

By producing a product with a lower opportunity cost

Explanation:

Given that the law of comparative advantage states that a nation is better off when it produces goods and services for which it has a comparative advantage.

To obtain a comparative advantage means "By producing a product with a lower opportunity cost."

This implies that while many nations can produce the same products, a particular nation will have the comparative advantage over other nations if its opportunity cost of producing that specific product is quite lower compared to other nations that ks capable of producing the same product.

What’s does stockbroker mean?

Answers

Answer:

a broker who buys and sells securities on a stock exchange on behalf of clients.

it's the one that says person who buys or sells equities

Given an actual demand of 63 a previous forecast of 58 and an alpha of .3 what would the forecast for the next period be using simple exponential smoothing ?

Answers

Answer:

The forecast for the next period based on simple exponential smoothing is 59.50

Explanation:

In determining the forecast for the period using the exponential smoothing approach, the below formula is of utmost importance:

forecast=(α*prior period actual)+(1-α)*prior period forecast

α =alpha=smoothing constant =.3

prior period actual=63

prior period forecast=58

forecast for the next period=(.3*63)+(1-.3)*58

forecast for the next period=18.90+40.60

forecast for the next period=59.50

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