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ANEK [815]
3 years ago
7

James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work

ers with his particular skill set. What type of unemployment is James experiencing?
Business
1 answer:
balandron [24]3 years ago
5 0

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

You might be interested in
Which of the following items is not a product cost?
sineoko [7]

Answer:

d. Transportation cost on goods delivered to customers.

Explanation:

Product cost is defined as the cost a business bears as a result of producing a product. This includes labor, cost of supplies, factory overhead costs, and cost of transporting supplies.

The cost of transporting product to the consumer is logistics cost.

8 0
3 years ago
The ​short-run effect of consumers becoming more pessimistic will be for the
Bogdan [553]

Answer:

The correct answer is option A.

Explanation:

In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.  

This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.  

An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.

7 0
3 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
Cerrena [4.2K]

Answer:

a. 208.57 units

b. 104.29 units

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{6,000}\times \text{\$29}}{\text{\$8}}}

= 208.57 units

b. And, the average inventory is

= Economic order quantity ÷ 2

= 208.57 units ÷ 2

= 104.29 units

We simply applied the above formulas for calculation of the economic order quantity and the average inventory and the same is shown above

5 0
3 years ago
The beginning and ending finished goods inventories of the Prize Ring manufacturing company were $84,000 and $79,750 respectivel
VLD [36.1K]

Answer:

$67,150

Explanation:

The computation of cost of goods manufactured for this period is shown below:-

Cost of goods sold = Beginning finished goods + Cost of goods manufactured - Ending finished goods

$71,400 = $84,000 + Cost of goods manufactured - $79,750

$71,400 = $4,250 + Cost of goods manufactured

Cost of goods manufactured = $71,400 - $4,250

= $67,150

Therefore for computing the cost of goods manufactured we simply applied the above formula.

5 0
3 years ago
Hitzu Co. sold a copier (that costs $4,800) for $6,000 cash with a two-year parts warranty to a customer on August 16 of Year 1.
den301095 [7]

Answer:

warranty expense = $240

estimated warranty liability = $240

Explanation:

There is no option on the customer to take the warranty or not. Therefore this type of warranty is known as an Assurance type warranty.

Assurance type warranties are accounted for terms of IAS 37 - Provisions as follows ;

Year 1

Warranty expense $240 (debit)

Warranty Provision $240 (credit)

<em>Warranty Amount = $6,000 × 4% = $240</em>

Year 2

<em>When warranty claim is subsequently received</em>

Warranty Provision $209 (debit)

Materials $209 (credit)

7 0
3 years ago
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