Answer:
Option C
Explanation:
In simple words, Frictional joblessness relates to one form of joblessness. It is often referred to as quest displacement, and may be dependent on specific instances.
When an employee applies for a position or moves from one workplace to another and it is time wasted among jobs. In the market, frictional displacement is still present, the product of intermittent changes made by employees and companies.
Answer:
The correct option is A,safeguarding shareholders' interests
Explanation:
Showing integrity and ethical behavior comes under a company portraying itself as a good corporate citizen in order to endear itself to stakeholders, however the responsibility of safeguarding shareholders' interests is the fundamental and not necessarily falls under ethical behavior as the primary reason for the creation of the business in the first place is to enhance maximization of shareholders' wealth
Disclosure and transparency as well as vigilance of the board of directors are both required in order to ensure the wealth of owners are enhanced.
Answer:
The correct answer is (B) Income Summary
Explanation:
The income summary is a procedure that allows us to glimpse, globally, all the entries that existed in a period. It provides very valuable generalized information, which lets you know how business, work or some investment is going.
To ensure that our results are accurate, we must close all income and expense accounts, and take stock to obtain our conclusions. If the results have not been favorable, we must make the necessary adjustments so that in the next income summary we can obtain better results.
Answer:
B. A higher unemployment rate
Explanation:
High union memership can increase unemployment in two ways:
- Creating a barrier of entry because non-unionized workers can be barred from getting employed in industries with high union membership.
- Pushing salaries above the marginal productivity of labor, especially the minimum wage, causing firms to hire less because hiring becomes more costly.
In 2018, Boeing paid its Washington state employees nearly $600 million in bonuses.----> both economic and accounting profits
In 2018, Amazon opened its new office building in downtown Seattle. Instead of using the new office space itself, Amazon could have rented out the space to local companies for $50,000 per floor per year.--->economic profits only
Nordstrom pays $50 per square foot to lease space in a shopping mall.--->both economic and accounting profits
Anna, the owner of a local bike repair shop, uses her time to operate her business instead of earning an annual salary of $100,000 at the Ford Motor Company.----> economic profits only
<h3>What are
economic profits?</h3>
Generally, The difference between the income obtained from the sale of a product and the costs of the inputs utilized, in addition to any opportunity costs, determines whether an economic activity results in a profit or loss.
When determining the level of economic profit, the amount of revenue received is subtracted from both the opportunity costs and the explicit expenses.
Read more about economic profits
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