True Hope This Has Helped
Answer:
The earnings foregone by skipping the two tournaments on the PGA tour is cost of opportunity
Explanation: The cost of opportunity of an economic decision that has several alternatives is the value of the best unrealized option. In other words, it refers to what a business stops earning, when choosing an alternative among several available. In this case are the prizes the golf player lost for not playing the tournments.
Answer:
When the Cyclical unemployment is close to zero.
Explanation:
Cyclical unemployment is equal to zero when: there is no recessionary gap. there is no expansionary gap. actual GDP and potential GDP are equal. frictional unemployment equals structural unemployment.
Answer:
D.
Explanation:
Due to the fact that the contract would only last 6 months and there's no expected repeat business from the Saudis or any one, the best course of action to take in order to avoid expected labour shortage is to use .
Overtime can be defined as a situation where the hours worked by an employee execeed normally scheduled working hours. In order to meet the 6 months and not cause labour shortage, the company can decide to use it's current workers for overtime and pay them for the overtime.
