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What percent of all US businesses employ 20 or fewer people?
Almost 86 %
How many workers would producers be willing to employ at a wage of 40 per hour?
The number of workers producers would be willing to employ at a wage of $40 per hour depends on various factors, including the demand for their products, the overall economic conditions, and the marginal productivity of labor. If the wage aligns with or is lower than the value of the output produced by each worker, producers may hire a sufficient number of employees to meet production needs. Conversely, if the wage exceeds the productivity value, they may hire fewer workers or seek alternatives. Specific data about the industry and production requirements would be needed for a precise answer.
What statement does not apply to high aggregate demand?
the concern is that unemployment may increase because fewer workers are needed.
What was the Impact on supply and demand of labor Great Depression?
Supply and demand helped bring about and also lengthen the Great Depression. The American farms and factories produced large amounts of goods and products during the prosperity before the Depression. On average people's wages stayed the same even as prices for these goods soared. People who lived on farms had even less than urban dwellers.Because people had no money, they stopped buying these products, but factories and farms still continued to produce at the same rate. As the farmers and industry leaders realized fewer people were buying, they cut back production. To do this, they had to lay off more and more workers. These unemployed workers didn't have money to buy anything, so the factories continued to lay off people. This trend continued in a downward spiral until twenty-five per cent of the population was unemployed
What are the disadvantages of private sector?
1. less job security 2. high pressure environment 3.workers's rights are infringed upon 4. fewer benefits
How many percent of all US firms employ 100 or fewer workers?
25%
Are chicken farms usually small?
Approximately 73 percent of chicken farms employed fewer than four workers in the early 2000s, and over 9 percent employed between five and nine workers.
What was the result of more farms becoming mechanized?
One result of farms becoming mechanized was that farm workers became rural entrepreneurs.
What happens when wages are set above the equilibrium level by law?
Firms employ fewer workers than they would at the equilibrium wage.
How many people are needed to grow rice?
The number of people needed to grow rice can vary significantly based on the scale of the operation and the methods used. Small-scale, traditional farms may require several workers to manage planting, harvesting, and maintenance, while larger, mechanized farms can operate with fewer people due to the use of machinery. On average, a small rice farm might need 3-5 workers, while larger farms may employ a handful of workers seasonally. Ultimately, the labor needs depend on factors like farm size, technology, and cultivation practices.
In the late 1900s how did agriculture change in the south?
there were fewer farms but they were larger
Why did cooperate farms encourage people to move to the city?
Corporate farms encouraged people to move to the city because they required fewer workers due to advancements in technology and machinery, resulting in a decrease in demand for rural labor. Additionally, cities offered more diverse job opportunities and better access to services and amenities, making urban living more appealing for those displaced from agricultural work.
How did agriculture change in the south in the late 1900s?
Here are some ways that agriculture changed in the south in the late 1900s:Farmers chose different crops in order to make higher profitsFarms became fewer, but more efficient.Mass production of livestock led to successful agribusinesses.Agribusiness led to larger farms.There were fewer farms, but they were larger.
Older workers have fewer accidents than younger workers do true or false?
It is true that older workers have fewer accidents than younger workers.
How many staff do most poultry hatcheries have?
As this industry is highly automated, most operations have a small staff. Roughly half of all poultry hatcheries employ fewer than five workers
Introduction to small scale business?
Introduction to small scale business has helped in boosting most of the economies in developing countries. They employ fewer workers and have low volume of sales as compared to large industries.
OSHA has authority over the employers of?
The Occupational Safety and Health Administration (OSHA) has authority over all workers. The exceptions are those workers who are governed by other organizations and include mine and quarry workers, independent contractors and other self-employed individuals, public sector employees, domestic workers, flight crews, and farms employing only family members and farms employing fewer than 10 employees with no migrant labor housing.
