Answer:
Part 1. Unemployment due to recession is Cyclical Unemployment.
Part 2. Mushashi recently lost her job because of Structural Unemployment.
Part 3. Rina is unemployed due to Frictional unemployment in the economy.
Explanation:
Part 1. A cyclical unemployment is the unemployment for a specific time duration and is inevitable due to serious issues across the country. Like nowadays, countries are suffering from great recession of all times recorded due to Corona-virus pandemic. One can assume that we will get rid of it sooner, so it is cyclical.
Part 2. Musashi is unemployed due to lower jobs demand of the skills that she possesses in the economy. Such type of unemployment that resulted because of the changes in the demand of the skills required is often referred to as structural unemployment.
Part 3. The frictional unemployment is the type of unemployment which exists in every economy because it occurs due to the process of employees shifting to other jobs by moving from one to another which is the case of Rina. She is now trying to shift to full-time position as she has graduated from college.
Answer:
(2). Inventory issues
Explanation:
Chase strategy for aggregate planning are usually used by organization as a way of reducing cost and managing inventory related issues. Inventory issues can be managed internally by increasing stock during periods of slack demand and same can be used to service stock during periods of high demands.
Organizational cost is effectively managed, as workers contribute productively at all periods to the bottom line.
Answer:
False
Explanation:
Given that
Credit balance of income summary account = $6,800
Debit balance of Withdrawals account = $2,900
Since the credit balance of income summary denotes the net income for the particular period and the debit balance of the withdrawn amount reflects that it is to be shown in the retained earning statement
The journal entry would be
Income summary A/c Dr $6,800
To Retained earning $6,800
(Being the difference is credited to retained earning)
Option (d) is true i.e, If Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20 less than paying cash for the laptop.
The Discount is a price cut applied to the regular cost of a good or service in an effort to generate or boost sales. Retailers and manufacturers use these reductions, also known as "sales" or "markdowns," across a variety of industries.
Types of Discounts:
- Trade discount,
- Quantity discount,
- Cash discount.
A price reduction offers a financial benefit, an incentive for customers to buy the product, according to the economic impacts of price reductions. Numerous earlier research has shown that consumers perceive greater levels of savings for a product when a larger price discount is offered.
The credit card that Kanya has to give a discount of = 6%
The cost of the laptop Kanya wants to buy costs= $420
The amount that will be deducted from the cost of the laptop= 420 × 6/100
= 2520/100
= $25.2
Therefore, the correct statement is that If Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20 less than paying cash for the laptop.
To know more about discount refer to: brainly.com/question/1548141
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Answer:
The income elasticity of demand for dog biscuits is Option D: positive, and dog biscuits are a normal good.
Explanation:
'Income elasticity of demand' refers to the reaction of the demand in quantity for a good or service to that of change in income.
'Normal goods' are the goods that are related positively with income whereas 'inferior goods' are those goods which are related negatively with income. As the income increases, there is a rise in demand for the dog biscuits. This means the dog biscuits are normal goods. Income elasticity for demand is positive for Danita as it is because of the rise in income. Hence, Option D is the most appropriate.
