Answer:
The correct answer is letter "C": the equilibrium level of employment reached after all wages and prices have fully adjusted.
Explanation:
Full Employment is a situation in which all available human resources are utilized at their highest degree. Each worker is in a job where that worker has his or her more productive use and benefit to the aggregate economy. Full employment is usually achieved in a robust economy when employment reaches its equilibrium point after wages and price adjustments, but can potentially be achieved in any economy.
You with college applications
Answer:
They sold 40 shirts and 40 magazine subscriptions.
Explanation:
profit per shirt = $5
set up costs = $40
profit per magazine = $4
S = shirts
C = setup costs
M = magazine
5S - C = 4M
S = M so we replace
5S - 40 = 4S
5S - 4S = 40
S = 40
They sold 40 shirts and 40 magazine subscriptions.
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Answer: Human capital means the qualities of the labour force as it relates to skill, knowledge, education
etc.
2. The quantity of workers available for work refers strictly to the total number of labour force that are ready for work at a particular time, it's different from human capital which includes the total number and other factors like education, skills etc
2B Three ways to improve a nation human capital are education, skills development program and mentoring.
3. Increase in size of labour force refers strictly to the numbers of labour force while increase in human capital refers to the number and quality of the labour force like skills and knowledge