<h3>The unemployment created by introduction of automatic elevators would be considered as structural
</h3>
Explanation:
Structural unemployment is a longer-lasting type of unemployment that is induced by structural economic changes and aggravated by external influences like technology, rivalry, and government policy.
Structural unemployment will last for decades and typically needs to reverse a dramatic shift. Technology continues to intensify systemic unemployment, marginalize certain workers and make certain occupations redundant, such as manufacturing. Structural unemployment can be long-term and difficult to address as it needs either displacement or retraining.
Answer and Explanation:
The computation is shown below:
a.
Contribution per unit
= Selling price per unit - Variable costs per unit
= $300 - $200
= $100 per unit
Now
Break even point (units)
= Fixed costs ÷ Contribution margin per unit
= $14,000,000 ÷ $100
= 140,000 units
And,
b)
Sales units required for a target profit of $1,400,000
So,
= (Fixed costs + Target profits) ÷ Contribution margin per unit
= ($14,000,000 + $1,400,000) ÷ $100
= 154,000 units
Answer:
$ 44000
Explanation:
Given:
Actual overhead manufacturing cost, Ac = $ 352000
Actual direct labor hours, Ah = 56000
Estimated manufacturing overhead cost, Ec = $ 330000
Estimated direct labor hour, Eh = 60000
Now,
Predetermined Overhead Rate = Ec/Eh
on substituting the values in the above formula we get
= $ 330000/60000 = 5.5
also,
Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)
on substituting the values in the above formula we get
Underapplied Overhead = 352000 - (56000 × 5.5)
or
Underapplied Overhead = $ 44000
Answer:
Perfect competition is a market structure in which a large number of firms produce the same product.
Explanation:
Items at a grocery store are an example of perfect competition. onsumers have many options at multiple price points.
When an agency acts in the interests of corporations it is meant to be regulating, this is called Regulatory capture.
<h3>What is regulatory capture?</h3>
In order to ensure that corporations don't act in ways that threaten the public, regulatory agencies are tasked with moniotirung their moves.
When these agencies stop regulating these companies and instead becomes favorable to them, then the agency has been captured in what is called regulatory capture.
Find out more on regulatory capture at brainly.com/question/16180695.
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