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4 years ago

What is unemployment insurance fund

1 answer:

3 0

Salutations!

What is unemployment insurance fund?

Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.

Hope I helped :D

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Bob manages a cafe. He pays $50,000 for labor and $7,000 for space rental every month. He chose the current space and gave up an

erik [133]

Answer:

$600,000

Explanation:

Opportunity cost also known as implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

the next best option to Bob is to sell the cafe. If he did, he would have earned $600,000. This is his opportunity cost.

$50,000 constitutes a variable cost while $7000 is a fixed cost.

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Rent payments do not change - it remains the same no matter the level of output.

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.

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3 years ago

Which of the following is a goal of workers in the legal services and public safety field

andrew-mc [135]

they seek to protect people and their property

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3 years ago

The bodybuilding club has ana annual membership fee of $350. you plan to visit 10 times each month. how much is your cost per vi

Alex73 [517]

If this bodybuilding club has an annual membership fee of $350 and you plan to visit 10 times each month; your cost per visit for the entire year will be $35. This is calculated through dividing $350 by 10, giving a result of $35.

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3 years ago

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What term is used to describe the process of developing the organization's objectives and translating those into courses of acti

DiKsa [7]

Answer:

Planning.

Explanation:

Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

Hence, planning is an attempt to develop organizational objectives, goals, and forecasting of consumer demands within the criteria set by product, production process and distribution methods i.e within the intermediate range of its capacity.

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3 years ago

What is sample size?

lbvjy [14]

Answer:

What is sample size?

Explanation:

= The number of participants included in the population study

 OR,

=The total number of persons included in the study .

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3 years ago

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