Answer: B. 20.00%
Explanation:
Unemployment rate does not include those who have given up on finding a job.
Unemployment rate = Unemployed people / Labor force
Unemployed people:
= Original unemployed + half the new graduates
= 1,000 + (1,000 / 2)
= 1,500 people
Labor force:
= Unemployed + employed people
= 1,500 + 6,000
= 7,500 people
Unemployment rate:
= 1,500 / 7,500
= 20%
Answer: C) Personality
Explanation:
Personality is an individuals quality that helps them succeed in life. If you improve your personality you can control stress and increase your motivation.
<span>Maximum prices in economics can be also known as Price Ceiling, where it is the legal maximum prices that producers can sell their good at. However, as this causes a market disequilibrium, ceteris paribus, there will exist a surplus of goods produced. This is due to the signalling and incentive effective on producers and consumers resulting in the increase of price (that has been set by the government).
Consumers would consume less of the product as it is more pricey than before, hence they are less willing and able to buy the product at the new price. Producers on the other hand sees more revenue to be earnt through higher prices and hence would devote their resources into producing that product. Hence the mismatch of supply and demand results in a surplus of products and would likely result in the government buying all the surplus out of interest for producers.</span>
Chobani based its marketing mix pricing decision by assuming it would be successful and have economies of scale.
<h3>What involves the mix
pricing decision?</h3>
In marketing, the Price mix includes the decisions as to the Price level to be adopted, the discount to be offered and the terms of credit to be allowed to customers.
A firm's pricing strategy should reflect your product's positioning in the market and the resulting price should cover the cost per item and the profit margin.
Read more about pricing decision
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The profit made by the team would be $(575.75 - 65.00) that is equal to $510.75.
Divide this by 15 players, we get profit of $34.05 per player.
