Some of the social factors that have led to unemployment in South Africa amongst the youth are:
- High population growth.
- High poverty rates.
As a result of high population growth, the number of youth in South Africa has increased to a point where getting jobs for all of them is quite difficult.
High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.
Find out more on factors leading to unemployment at brainly.com/question/305041.
B. Evaluation
Evaluating means to systematically determine somethings merits and significance, including the seriousness or gravity of a problem.
Answer:
equivalent annual cost: 19,784.81
The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.
Explanation:
We calcualte the PMT of a 75,000 dollars equipment at 10%
PV 75,000
time 5
rate 0.1
C $ 19,784.811
EPA fines: <u> </u><u>$ 18,500.00 </u>
differential: (1, 284.81)
Answer:
The target selling price =$45
Explanation:
The target selling price is the sum of the total unit cost plus 25% of the the unit cost
The target selling price = Total per unit cost + (25% × total unit cost)
The total unit cost is the sum of all the costs involved making the product available to the consumer.
The sum of direct material cost , labour cost variable manufacturing, fixed manufacturing overhead, variable selling and administrative expenses and fixed selling and administrative expenses.
The target selling price would be determined using te steps below:
Step 1: Calculate the unit cost
Total unit cost = 10 + 4 + 3 + 10 + 1 + 8 = 36
Total unit cost = $36
Step 2: Calculate the target selling price
Target selling price = Unit cost + (25%× unit cost)
The target selling price = 36 + (25% × 36) = $45
The target selling price =$45
Answer:
The cross price elasticity of salsa and guacamole is 0.2. The two goods are substitutes.
Explanation:
The price of guacamole is increased from $2 to $2.5.
Percentage change in price
= ![\frac{new price\ -\ initial\ price}{initial\ price} \times100](https://tex.z-dn.net/?f=%5Cfrac%7Bnew%20price%5C%20-%5C%20initial%5C%20price%7D%7Binitial%5C%20price%7D%20%5Ctimes100)
= ![\frac{2.50\ -\ 2}{2} \times100](https://tex.z-dn.net/?f=%5Cfrac%7B2.50%5C%20-%5C%202%7D%7B2%7D%20%5Ctimes100)
= 25%
The demand for salsa rises by 5%.
The cross price elasticity will be
= ![\frac{percenatge\ change\ in\ quantity\ demanded}{percenatge\ change\ in\ price}](https://tex.z-dn.net/?f=%5Cfrac%7Bpercenatge%5C%20change%5C%20in%5C%20quantity%5C%20demanded%7D%7Bpercenatge%5C%20change%5C%20in%5C%20price%7D)
= ![\frac{5}{25}](https://tex.z-dn.net/?f=%5Cfrac%7B5%7D%7B25%7D)
= 0.2
We see that the cross price elasticity is positive. This means that the two goods are substitutes. When price of one good will increase consumers will prefer the cheaper substitute, increasing its demand.