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1 year ago

Frictional unemployment occurs because in a world of imperfect information, it takes ________ for people to find jobs.

1 answer:

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Because it takes<u> time</u> for people to find work in a society with poor information, frictional unemployment happens.

The unemployment that results from regular labor turnover, such as persons joining and leaving the labor force, as well as the continuous creation and destruction of jobs, is known as frictional unemployment. It comprises employees who are either looking for employment or holding out for a job soon.

Frictional unemployment has the following examples: employees looking for new jobs after quitting their existing ones, employees want to shift careers. Those looking for their first job after graduating from college or those starting their first career in the workforce.

To learn more about frictional unemployment

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_____ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order t

Vlad1618 [11]

Answer:

Diversification

Explanation:

The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.

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2 years ago

A market research study of soft drink consumption and distribution in Hungary commissioned by an American company indicated that

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Answer:

comparability of data

Explanation:

Comparability of information is one attribute used only to characterize the consistency of descriptive statistics. For two factors the principle of comparability of data is especially critical to a Triad.

Secondly, the Constellation demonstrates shared data sets. Through nature, the shared data sets include information from different analytical techniques. The degree of comparability among two separate sequencing / technical methods affects the way in which sets of data can be jointly compiled, analyzed and used to help strategic thinking.

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2 years ago

Which of the following statements is true? A) To be more conservative in planning for an individual's retirement, decrease the i

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Answer:

A) To be more conservative in planning for an individual's retirement, decrease the individuals life expectancy.==>TRUE

B) A sensitivity analysis helps the advisor determine the single most effective factor in a retirement plan. ==> FALSE

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2 years ago

A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor

andrezito [222]

Answer:

The correct answer is C: $20

Explanation:

Giving the following information:

Units= 50,000 shirts and blouses per month.

The cost of its factory, raw materials, and labor is $500,000.

Increase in production= 5,000

Additional labor and raw material expense of $100,000.

Cost per shirt= 100000/5000= $20 unit

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2 years ago

The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending

yKpoI14uk [10]

Answer:

Purchases= $408,000

Explanation:

Giving the following information:

Beginning Ending Raw materials inventory$547,000 $610,000

The raw materials used in manufacturing during the year totaled $1,018,000

<u>To calculate the direct material purchased, we need to use the following formula:</u>

Purchases= direct material used in production - ending inventory

Purchases= 1,018,000 - 610,000

Purchases= $408,000

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2 years ago