Suppose That a Mining Company Employs 80% of the Available

question 39

Essay

Suppose that a mining company employs 80% of the available laborers in a town.Explain what will happen to the number of laborers hired and the wage rate paid by the mine if a minimum wage is set at the competitive level.

Grasp the importance of credibility in communication and how it is established.

Realize the potential biases in language and the importance of avoiding them.

Appreciate the role of formal and conversational tones in business communication and when each is appropriate.

Recognize the importance of building, maintaining, or repairing credibility.

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Definitions:

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences.

Understanding

The ability to grasp the meaning, significance, or nature of something.

Reward

A benefit, recognition, or compensation given for the completion of a task or achievement.

Behavior

Describes the actions or reactions of an entity (typically a person or an animal) in response to external or internal stimuli.