Industry should be communally owned rather than privately
Answer:
1) b)Frictional
2) c) Cyclical
3) a) Structural
Explanation:
1) Caroline just graduated from college and is looking for a full-time position with an investment banking firm.
FRICTIONAL.
This is a situation of frictional unemployment, which occurs when there is mobility of labor and workers. It occurs in a natural situation, at the time when individuals are looking for a job.
2) Frances is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job.
CICLYCAL.
This is a situation that occurs when the economy of a locality cannot sustain the condition of full employment, it can occur in a situation of slow economic growth or certain setbacks.
3) Antonio recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.
STRUCTURAL.
Structural unemployment occurs when there is not a sufficient number of jobs in a given sector, which can result from several different variables, such as the incompatibility between the vacancies available and the skills of workers.
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.
Answer:
$11
Explanation:
Calculation for how much more profit (loss) that the company make.
Combined final sales value $148
($50+ $98)
Less: costs of producing the end products
Cost of sugar beets ($73)
Cost of crushing ($17)
Combined costs of further processing ($47)
($20+ $27)
Total costs of producing the end products ($137)
Profit (loss) $ 11
($148-$137)
Therefore how much more profit (loss) that the company make by processing one batch of sugar beets into the end products industrial fiber and refined sugar will be $11
