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PilotLPTM [1.2K]
3 years ago
11

waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill posi

tions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.
Business
1 answer:
Lera25 [3.4K]3 years ago
7 0

Answer:

This is a type of a Structural unemployment.

Explanation:

This is a type of a Structural unemployment.

As the minimum wage is allowing the local employers from adding more low skill positions, the employers are using the same positions for high skill personals. This indicates the a shift  has occurred in the economy that created a mismatch between the skills workers have and the skills needed by employers

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"the table above shows the payoff matrix offered to two suspected criminals, bonnie and clyde. the payoffs are the years they wi
Semmy [17]
They both will confess to the other's crimes.

They both could get lighter sentences for co-operating with each other, but since they are not allowed to communicate with each other, and hence will have only their best interests in mind, to betray the other for his own good. However, when they both do this, it becomes a double betrayal, and hence their sentences become even longer.
6 0
4 years ago
The​ long-run elasticity of supply in most industries is​ ___________ than the​ short-run elasticity because in the long​ run, ​
Naily [24]

Answer:

The correct answer is option b.

Explanation:

The elasticity of supply for a good is generally higher in the long run as compared to the short run. This is because a firm is able to expand its production more in the long run.

In the long run, all the factors are variable, so production can be increased to a greater extent. In the short run, a firm can increase only the quantity of labor employed to increase production.

Also, firms cannot enter an industry in the short run but they can in the long run. This implies that the overall production in the industry can be increased more in the long run.

7 0
3 years ago
You buy a stock for $34 per share and sell it for $36 after you collect a $1.00 per share dividend. Your pretax capital gain yie
Komok [63]

Answer: C - 5.88 percent; 2.94 percent

Explanation: Calculation of pre tax capital gain yield and pretax dividend yield is:

1. Pretax capital gain yield

=Share selling price - Purchase price/purchase price

=$36 - $34/$34

=$2/$34

=0.0588*100%

=5.88%

2. Pretax Dividend Yield

= Annual Dividend/Purchase price

= $1/$34

=0.0294*100%

=2.94%

4 0
3 years ago
Explain how one driving force has facilitated change at Domino’s.
BabaBlast [244]

Answer:

. Executive Summary

This assignment has been written to demonstrate the analytical processes and strategies with a

lens of operation management & operations of Dominos India. We have applied theoretical

frameworks to evaluate the operational strategy with its product and services. This report

focuses on the daily operations of Dominos India’s Connaught Place unit specially, wherein

their staff and manager helped a lot to prepare this report. Team research, interviews and

insights from Dominos existing employees have been documented in this report.

Dominos India has been a leader in its market segment in India.

2. About Dominos India

On 26 March 1995 Domino's Pizza India Private Ltd operation began in 1996 with its’

first store in New Delhi. In January 2016, Domino's opened its 1000th outlet in New

Delhi. The company opened 53 new restaurants between January–March 2018 and

150 outlets in the in financial year 2017-2018 (works, 2016)

Domino's pizza is delivered to its customers with seasoning sachets.

A) Domino’s pizza is a well-established and known pizza brand over the last 57 years

They deliver pizza along with garlic bread and a combo deals with Coke as the

beverages partner.. They have more than 11000 corporate and franchise restaurant

stores in all over 70 countries. And India is the second biggest market for this US

based pizza company (source : Wikipedia). In India They were the first to bring in

the concept of 30 minutes delivery. This has become a benchmark now in India as

people say that Domino’s pizza reaches before police reaches at the spot. Along

with this its excellent customer service, frequent products introduction with variable

topping options as per the customer choice , many outlets close to your location,

soft spoken & trained staff and a peculiar taste have become a driving force for

them. Even though there are many players including Pizza hut, Papa John, Johnny

Rockets and local players, Dominoes is still number One In India.

B) Because of their exceptional operation strategy they have been performing very well

in this cluttered and competitive food market in India.

C) Mission Statement : Exceptional franchisees and team Exceptional franchisees and

team members to be the best pizza delivery company People first Initiativ

7 0
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olasank [31]

Answer: Decrease Consumption Rates

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