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Vesnalui [34]
2 years ago
14

structural unemployment can be caused by all of the following except: a) minimum wages. b) labor unions. c) efficiency wages. d)

fluctuations in the business cycle.
Business
1 answer:
olga2289 [7]2 years ago
3 0

Structural unemployment can be caused by all of the following except fluctuations in the business cycle.

<h3>What is Structural unemployment ?</h3>

Structural unemployment is long-lasting unemployment that comes about due to shifts in an economy.

Structural unemployment is caused by a mismatch of skills between the unemployed and available jobs. Structural unemployed is caused by changes in the economy, such as deindustrialization, which leaves some unemployed workers unable to find work in new industries with different skill requirements.

This type of unemployment happens because though jobs are available, there's a mismatch between what companies need and what available workers offer.

For example, employees who produce a specialty clothing product that suddenly is no longer a trend might lose their position producing this specific product, causing structural unemployment.

To learn more about Structural unemployment , refer

https://brainly.in/question/46526856

#SPJ4

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Answer:

The correct answer is D: economies of scale

Explanation:

Economies of scale are the diminished cost by companies when production becomes efficient.  Companies can achieve economies of scale by increasing production and lowering costs. <u>This happens because fixed costs are spread over a larger number of goods.</u> There are implications in variable costs as well (for example in obtaining discounts by large purchases from suppliers). In general, the larger the scale, the more cost savings.

The cost per unit depends on how much the company produces. Larger companies can produce more by spreading the cost of production over a larger amount of goods. Specialization of labor and more integrated technology boost production volumes. Lower per-unit costs can come from bulk orders from suppliers, larger advertising buys, or lower cost of capital. Spreading internal function (for ex: accounting, information technology, and marketing) costs across more units produced and sold helps to reduce costs.

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3 years ago
It has been estimated that there are 107 billion pieces of mail per year. if the postage rates are raised 3¢, how much extra rev
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What are some risks and how do you plan to reduce or eliminate them when having a business​
lara [203]

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

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6 0
3 years ago
The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase
umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>

Sales revenue= selling price * number of units

<u>Current:</u>

Sales revenue= 5.5*2,200= $12,100

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Sales revenue= 7.5*1,800= $13,500

It is more profitable to raise the selling price by $2.

7 0
3 years ago
A firm uses a standard costing system and allocates variable overhead costs based on direct labor hours. The annual budget proje
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Answer:

Your answer is given below:

Explanation:

Statement showing Computations  

         Paticulars                                                                             Amount

Variable overhead cost per unit =100,000/1,000                   100.00

Standard Variable overhead for 750 Units = 750 * 100             75,000.00

Actual Variable overhead             75,000.00

Variable overhead spending variance= Standard VO - Actual VO  

Variable overhead spending variance= 75,000 - 75,000  

Variable overhead spending variance= 0

8 0
2 years ago
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