Answer:
c) relatively high variable costs
Explanation:
Operating leverage is a ratio that is used to analyze and understand the cost structure of a business. It gives the relation between the variable and fixed cost to the the total cost of running the business.
A business with a large amount of fixed cost relative to variable is said to have a high operating leverage . For such business, operating income would be more volatile because the operating income would not increase in commensurate proportion as sales revenue.
And a company with low operating leverage has low amount of fixed cost relative to variable cost and therefore a relatively high variable costs
Operating leverage is calculated as
Contribution /Earnings before interest and Tax
Answer:
Observational study
Explanation:
The appropriate study for a gas station owner who wants to find out whether customers are satisfied with the service they receive or not is "Observational Study."
Given that the Observational study is a type of research study or scientific investigation in which the researcher observes the effect of an action or activities such as risk factors, or outcomes without a direct impact on the intervention from the researcher.
In this case, the satisfaction of customers concerning the services they receive can only be observed by the researcher without influencing the services or how the customers perceived their level of satisfaction.
The answer is Regional economic integration
Answer:
The correct answer is "option B".
Improving a widely used job-search website so that it matches workers to job vacancies more effectively
Explanation:
The demand for labor among cotton-producing Texas will firms in Texas will <u>increase.</u> This will happen because of the increase in world price leads to increment in wages.
The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will <u>decrease</u>. This is because cotton is an input. The increase in price of cotton increases the cost which reduces the profits which leads to less hiring of workers.
The temporary unemployment resulting from such sectoral shifts in the economy is best described as <u>frictional</u> unemployment.
Government measures to reduce frictional unemployment is:
<em>Improving a widely used job-search website so that it matches workers to job vacancies more effectively</em>
The option C is not correct, because, another measure that the government uses is to withdraw benefits to short-term unemployed. There would be a greater incentive for workers to find work quickly.
Answer:
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