4. Which one of the following is covered in a progressive clause during a collective agreement? O A. Seniority B. Eldercare leave OC. Pensions and benefits OD. Overtime

1. Individual Problems 1-11 The owners of a small manufacturing concern have hired a vice president to run the company with the expectation that he will buy the company after five years. For the first $150,000 of profit, the vice president's compensation is a flat annual salary of $50,000 plus 50% of company profits. Beyond the first $150,000 in profits, the vice president's compensation is the salary he receives at $150,000 profit plus 20% of company profits in excess of $150,000. On the following graph, use the purple points (diamond symbols) to plot the vice president's salary as a function of annual profit, for the profits levels of $0, $50,000, $100,000, $150,000, $200,000, $250,000, and $300,000. MANAGER SALARY (Thousands of dollars) 250 725 200 175 110 125 100 Total VP Salary

P(s/1b) $10 $8 $5 A B 20 50 80 Q(lbs) Refer the figure in the diagram. The movement of point a to point b (or vice versa) represents: a shift in supply O a change in demand a shift of demand a change in quantity demanded O 0

It approximates present value of what will be received through ownership of property, including profit. a. Market value O b. Salvage value O c. True value O d. Book Value

Economics In the following cash flows diagram, Determine the Future Worth at the end of year 12 if the interest rate is 6% ? $200 $200 $150 $150 $100 $100 1 2 3 4 Years O a. $1,532.6 O b. $1,286.8 Oc $1,364 O d. $1,4458 Clear my choice