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Answer:
The credit card decrease percentage is 71%
Explanation:
To know the percentage of decrease of the card we will make a simple rule of three, which indicates the value we need.
We have that 100% of the card quota is 600, and we want to know how much the percentage decreases when the account has 426 available, we do the following;
100% ---> $600
X -----> $426
100 * 426 = x * 600
= x
71% = X
that is, the decrease in the account when you have $426 available quota is 71%.
Answer:
Learning effects occur over time, whereas economies of scale are captured at one point in time when output is increased.
Explanation:
Learning effect is defined as as the process by which education results in increased productivity and in turn higher wages. This process takes time because most specialised skills need to be learnt in a formal institution over time.
Economies of scale is defines as cost reduction that a company experiences when there is an increase in production. Fixed cost realised can be spread over a larger number of produced units. Economies of scale is captured at one point in time when output is increased.
Population - 50,000
Employed - 45,000
Students not looking for work - 1,000
To calculate Boone's unemployment rate you'll use the formula:
Unemployment rate = number of people unemployed / labor force
Those that fall into the unemployment category are those that are not working but are actively looking/wanting to work. Students, stay-at-home moms etc that are not wanting to work, though unemployed, to not fall into this category.
The labor force is made up of everyone willing and able to work.
First, let's subtract the students who are not looking for work from the population so get the labor force. 50,000 - 1,000 = 49,000 (labor force)
Next, to get the number of people unemployed let us subtract the labor force of 49,000 by those already employed of 45,000. 49,000 - 45,000 = 4,000
Finally, we are able to calculate the unemployment rate of Boone.
Unemployment rate = number of people unemployed / labor force
Unemployment rate = 4,000/49,000= .081 multiply by 100 to get the percentage. 8.1%
Unemployment rate of Boone is 8.1%
Answer:
The transistor was invented on June 30th 1948 by Bell telephone laboratories
