Which of the following scenarios could lower a firm’s demand for labor?
a. rex invests in new computer software that will automate his bookkeeping.
b. calvin’s bookstore is located near a college campus. the school has just started and many students are returning to the area.
c. amy must pay more money to obtain the wood needed to construct chairs at her factory.
d. james operates a restaurant in a seaside tourist town. it is winter and all the tourists have left.
e. katie owns a coffee shop that used to have to compete with a nearby café. the café recently went out of business.

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Your take on decision making process

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.