B. The higher the price, the larger the quantity produced.
Structural unemployment is caused by <u>people losing a job when their skills become obsolete due to technological innovations.</u>
- People who wish to work but are unable to obtain job are said to be experiencing structural unemployment. The abilities of the workers and the talents that businesses required do not match in structural unemployment.
- Because the abilities of the workforce won't change despite advances in technology, if technological breakthroughs improve, there will be structural unemployment.
- As a result of their inability to keep up with modern technology, they are losing their jobs.
<h2>
What is Structural unemployment?</h2>
A mismatch between the skills of the jobless and the jobs that are available is referred to as structural unemployment. It differs from cyclical unemployment in that it results from factors other than the business cycle. 1 It happens when an underlying economic shift makes it challenging for some people to find work. It is more difficult to reverse than other forms of unemployment.
Learn more about types of structural unemployment at brainly.com/question/17272067?referrer=searchResults
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Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.
<h3>What is the next insurance cost next year?</h3>
The annual cost of insurance refers to the amount that is paid in premiums in a year.
That cost is currently $5,500 but will increase by 15%.
= Current insurance cost x ( 1 + rate of increase)
Solving gives:
= 5,500 x ( 1 + 15%)
= $6,325
Find out more on insurance cost at brainly.com/question/4953989.
The correct answer is keyword resume.
Here, you would use keywords to refer to your characteristics and experience, so that the computer can search the document according to the specific requirements the employer needs - so if no such requirements are met by your resume, you may not get the job.
Answer:
Cash cow
Explanation:
Boston consulting group (BCG) Matrix: It is a framework created for the strategic position of the business and its potential. It classifies business units into four categories of a cash cow, Stars, question mark and Dogs on the matrix of the growth rate of industry and relative market share. This matrix is also known as the growth-share matrix.
In the BCG matrix, If business unit lies in the category of a Cash cow, then it is considered as market leader as it generates more income and company are able to get a good return out of investment in this business unit. In the matrix, the Business unit have high market share, however, it has less growth prospect.
In the given case, Mega-Big Corp has been manufacturing components of automobiles and has been extremely profitable for 18 years, therefore, Mega-Big Corp. is most likely considered a cash cow.
