Answer:
Country x
Population size 50,000,000
Full time students 4,200,000
Not employed & not searching 6,000,000
Not employed and searching 2,336,000
Employed 29,664,000
Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment
Labour force is 32,000,000
Labor force participation rate is the labor force divided by the population size.
= 64%
Unemployment rate is defined as members of a country not employed and are searching or seeking employment.
= 4.7%
Answer:
providing intangible goods and services
Explanation:
A service business is an organisation that provides services.
Examples of service businesses are airlines, insurance companies, and hospitals.
I hope my answer helps you
Answer:
It should accept the special order at the price of $36 as the total marginal cost will be $28.5 (27 variable cost + 1.15 shipping cost).
Explanation:
Special orders are accepted only if marginal revenue increases the marginal cost. Marginal cost is the total cost incurred to fulfill any order.
In the given scenario, since the Company already has adequate capacity and it will not incur any additional fixed cost, therefore the order can be accepted by taking variable cost in to consideration.
Marginal Revenue 36
Less: Marginal Cost
Variable Cost (27)
Shipping Cost <u> (1.15)</u>
Total Profit from Order <u> 7.85</u>
Answer:
$1,300,000
Explanation:
Given:
Number of workstation = 60
Cost of each workstation = $100,000
Additional Cost = 20,000,000
Computation of total cost:
= Total work station cost + Additional cost
= ($100,000 x 60) + $20,000,000
= $6,000,000 + $20,000,000
= $26,000,000
Assume Depreciation rate = 5%
Deprecation = Total Cost x Depreciation rate
= $26,000,000 x 5%
= $1,300,000
