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What is true about organized labor?
Immigrants contributed greatly to organized labor. Organized labor contributes to price controls
What is the price paid by a consumer called?
It is called the consumer price. It may also be called the retail price.
Because labor can be bought and sold in market like any other commodity the price of labor is partly determined by which of the following?
The quality of the labor and the supply. Skilled labor is worth more than unskilled. If there is a shortage of workers (labor) the price paid goes up.
What are the major determinants of labor demand?
(1. Demand for output (2. Productivity of Labor a.Quality of labor b.Technological progress c.Non-labor outputs (3. Price of other resources(Substitutes and complements)
What is a price offer called in a bidding?
A price offer in bidding is called a bid price. Someone bidding on something, like at an auction, can bid on the item, which is called the bid price.
Labor can be bought and sold in the in a market like any other commodity the price of labor is partly determined by what?
The quality of the labor and the supply. Skilled labor is worth more than unskilled. If there is a shortage of workers (labor) the price paid goes up.
What is true about organized labor?
Immigrants contributed greatly to organized labor. Organized labor contributes to price controls
Will the direct labor price variance always be unfavorable if more hours are worked than the standard hours allowed for the actual output attained?
No, Direct labor price variance is created due to difference in standard labor rate and actual labor rate for example standard labor rate per unit is 10 and actual labor rate is 11 then 1 per unit is unfavourable direct labor price variance.
Price of changing alternator 1999 Toyota corolla?
what is normal price alternator and labor
Is the price of something called the price?
yes it is called the price.
What is the Labor rate for intake gasket on 1998 Chevy pickup?
250.00 $ Labor only is going price.
What is Labor Day called in Australia?
Labor Day in Australia is called Labour Day.
What is a women giving labor called?
Precipitous labor
What is the price paid by a consumer called?
It is called the consumer price. It may also be called the retail price.
Is labor charge included in cost price?
Yes, labor charges are typically included in the cost price of a product or service. The cost price encompasses all expenses incurred in the production or provision of a good, including raw materials, labor, overhead, and other direct costs. Accurate calculation of the cost price is essential for pricing strategies and profitability analysis.
Because labor can be bought and sold in market like any other commodity the price of labor is partly determined by which of the following?
The quality of the labor and the supply. Skilled labor is worth more than unskilled. If there is a shortage of workers (labor) the price paid goes up.
Price for ipc wall protection per square foot labor installation?
Add about 6 sf for labor
