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your looking at about five thousand dollars. The labor on a roof job is very expensive. The shingles are the next largest price, and then the under coating. Also get about five estimates before you commit to one roofer
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Paying an above-equilibrium wage rate might reduce unit labor costs by?
increasing the supply of labor
What steps does the firm need to take to reconcile labor supply and labor demand?
Labor supply, and demand is what determines the cost of Labor. Firms must consider their margin, pricing policy, improvement costs to raise productivity, market share, and competition, to arrive at a labor level reconciliation. Or The first step a firm needs to take to reconcile labor supply and labor demand is to analyze what problems need to be resolved. The goal is to have the labor supply, which is made up of the hours employees work, equal the labor demand, which is the work that needs to be done. Some firms hire outside consultants to do this for them.
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
Which way will an increase in labor cost shift the supply curve?
An increase in labor cost will decrease supply, so the supply curve will shift left.
What Best explains the effect of immigration in the labor market?
buy one get one free
Paying an above-equilibrium wage rate might reduce unit labor costs by?
increasing the supply of labor
What is the number-one driver of labor costs?
Without any government influences, the main driver of labor costs is supply/demand. Generally however, a system of minimum wages exists which raise labor costs to a particular level.
Why does an advance in technology increase supply?
because labor's or capital's productivity increases and costs of production fall
Why do US companies outsource jobs?
To reduce labor costs
What steps does the firm need to take to reconcile labor supply and labor demand?
Labor supply, and demand is what determines the cost of Labor. Firms must consider their margin, pricing policy, improvement costs to raise productivity, market share, and competition, to arrive at a labor level reconciliation. Or The first step a firm needs to take to reconcile labor supply and labor demand is to analyze what problems need to be resolved. The goal is to have the labor supply, which is made up of the hours employees work, equal the labor demand, which is the work that needs to be done. Some firms hire outside consultants to do this for them.
What has the author Luis Riveros C written?
Luis Riveros C. has written: 'Efficiency wage theory, labor markets, and adjustment' -- subject(s): Economic aspects, Economic aspects of Labor supply, Economic aspects of Wages, Employment (Economic theory), Labor supply, Wages 'Wage and employment policies in Czechoslovakia' -- subject(s): Wages, Labor mobility, Cost of living adjustment 'The impact of labor costs on manufactured exports in developing countries' -- subject(s): Econometric models, Labor costs, Manufacturing industries, Exports
What has the author Edward Joseph Smith written?
Edward Joseph Smith has written: 'Impact of energy costs on manufacturing employment' -- subject(s): Effect of energy costs on, Employees, Labor supply, Manufacturing industries 'Employment changes in the flue-cured tobacco area, 1960-70' -- subject(s): Flue=cured tobacco, Labor supply, Tobacco workers
What has led to a rise in sweatshops in forgein countries?
Factors such as low labor costs, lack of strong labor regulations, poor working conditions, and limited enforcement of labor rights have led to the rise of sweatshops in foreign countries. Companies seeking to cut production costs often exploit these conditions, resulting in the proliferation of sweatshops in global supply chains.
Costs can either be prime costs or conversion costs but not both?
direct labor
Is Direct Labor included in Overhead costs?
Direct labor are not part of overhead costs and shown separately while indirect labor are part of overhead costs and included in overhead cost because those labor cannot be allocated separately or identifiable separately.
What costs are direct labor costs?
Salaries and wages of workers directly involve in goods manufacturing is direct labor cost.
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
