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Provision in a labor contract that ties pay raises to increases in productivity and the cost of living?
escalator clause The escalator clause said that wages would increase based upon increases in productivity and in the cost of living.
When will gas prices increase?
Gas prices increase when the demand increases compared to the supply, or when the cost of oil increases (due to demand, or if raised arbitrarily by the producers).
If average cost increases does marginal cost increase?
It depends if the increase in Average Cost is caused by an increase in Fixed Costs or an increase in Variable Costs. An increase in Fixed Costs will not increase MC, because FCs do not vary with output (by definition) And increase in Variable Costs will increase MC
What will happen in the market if the demand of a good increase as well as cost of producing the good?
The cost to the consumer increases respectively.
A cost of a movie ticket is 4.00 then it increases to 5.00 What is the percent increase?
Increase = 1 out of 4 = 1/4 = 25%
If a risk-free rate increases what impact would it have on the cost of equity?
It would increase the cost of equity: re=rf + b*(RP) re is the cost of equity rf is the risk free rate b is the beta of the stock RP is the risk premium of the stock
What is the behavior of total variable cost as output increases?
tvc will also inscrease as output increase
How much should business IT support cost?
Business IT support should save time for all other divisions of the business. This would increase productivity in the business as routine task can be performed quicker. This would increase the profits of the business - unless the IT support cost more than the technology increases the business.
When total variable cost may increase variable cost per unit is constant or no?
Total variable cost can increase while the variable cost per unit remains constant if the total quantity of output produced increases. In this scenario, the variable cost per unit does not change, but since more units are being produced, the overall total variable cost rises. Conversely, if the output level stays the same, an increase in total variable cost would imply an increase in the variable cost per unit.
Indicate how each of the following would shift 1. the marginal cost curve 2. the average variable cost curve 3. the average fixed cost curve and 4. the average total cost curve of a manufacturing firm?
a. Property taxes are fixed costs, so this would decrease AFC, which in turn decreases ATC.b. Wages are typically variable costs, so this would increase both MC and AVC, which in turn increases ATC.c. Electricity is typically a variable cost, so this would decrease both MC and AVC, which in turn decreases ATC,d. Insurance is a fixed cost, so this would increase AFC, which in turn increases ATC.
How would you calulate your increase on social security If you are already receiving it and also working?
Increases are only given yearly. For the average cost of living expenses. You need to call your rep.
Is there a raise for disabled veterans in 2010?
No, since increases in benefits are tied to the cost-of-living. Since there was no cost-of-living adjustment declared for 2010, there is no increase.
