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zlopas [31]
3 years ago
7

Although the overall unemployment rate during the past recession hovered between 9 and 10%, the unemployment rate for millennial

s was much higher. as this generation struggled to find employment, they were often compelled to continue to live with their parents. due to current economic concerns, this younger generation was struggling to fulfill ___________________.
Business
1 answer:
dalvyx [7]3 years ago
7 0
This younger generation was struggling to fulfill their physiological needs. The physiological needs, for your additional information, is the he need for shelter and food, and other basic needs. Due to the higher unemployment rate of persons aged 20–25, many had to settle for living at home <span>with parents until they found suitable employment and could afford to live on their own.</span>
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An economy has a Cobb-Douglas production function:Y=K? (LE) 1-?.The economy has a capital share of a half, a saving rate of 24 p
Nina [5.8K]

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3 years ago
A hospital reports the following cost and revenue data: Variable cost per inpatient day of $250 Revenue per inpatient day of $10
REY [17]

Answer:

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

Explanation:

The expected profit is calculated as follows:

<em>Step 1</em>

<em>Total contribution per inpatient from 25,000 inpatients</em>

contribution = (revenue - variable cost) per patient

= $(1000-250)

= $750 per inpatient day

<em>Total contribution for 25,000 inpatient days</em>

$750 × 25000 =  $18,750,000.00

<em>Step 2</em>

<em>Calculate Profit </em>

Profit = Total contribution - Fixed cost

         =$18,750,000.00 -$15,000,000

        =  $3,750,000.00

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

4 0
3 years ago
If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because th
statuscvo [17]

Answer:

Explanation:

fears of reverse discrimination

8 0
2 years ago
In the field of economics, the additional cost associated with one more unit of something is called a(n)?
antoniya [11.8K]

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.

Read more about marginal cost.

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3 0
1 year ago
Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs
Mekhanik [1.2K]

Answer:

Overhead absorption rate

= <u>Budgeted overhead </u>               x 100

  Budgeted direct labour cost

= <u>$400,000 </u>        x 100

   $2,000,000

= 20% of direct labour cost

Overhead applied

= 20% x $1,800,000

= $360,000

The balance in the factory overhead account is $360,000 debit

The correct answer is B

Explanation:

In this case, we need to calculate the overhead application rate, which is the ratio of budgeted overhead to budgeted direct labour cost multiplied by 100. Overhead applied is calculated as overhead application rate multiplied by actual direct labour cost.

6 0
3 years ago
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