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Lapatulllka [165]
3 years ago
5

PLEASE HELP----- Explain how the three groups (laborers, businesses, and government) are connected in regard to unemployment. Ho

w does a change in one group affect the other two? For example, if a business lays off thousands of employees, what impacts (social, political, or economic) might the lay-offs have on government and laborers?
Business
2 answers:
alex41 [277]3 years ago
7 0
<span>When laborers are out of work, then they can't as often to buy product from business, which in turn the business loose money have to lay their laborers off,which creates a vicious cycle.Then at times the government will come up with their programs to help the business and try to keep the economy going.</span><span />
Brut [27]3 years ago
6 0

When there is unemployment then there is low inflation rate. So, on the demand side of the labor market they are better. Seeing it from the wages point of view, they can buy more, then the real wage increases. On the supply side, wages will decrease because labor is higher. The business will be better is they hire laborers because then they will have to pay lower wages, but their demand will reduce due to the unemployment consumption spending. Then, their revenues are weakening. The government will face a fiscal deficit because they will have to give unemployment benefit in order to raise the demand to arrive to the equilibrium again.

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3 years ago
The price component of a marketing mix is:
Murljashka [212]

Answer: the correct answer is a. a competitive weapon for companies

Explanation:

Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.

7 0
3 years ago
Suppose the manager agrees to pay each employee a​ $50 bonus if they meet a certain goal. on a typical​ saturday, the​ oil-chang
Sergeeva-Olga [200]

Answer:

Incomplete question

First aspect of the question is typed below.

The shape of the distribution of the time required to get an oil change at a 20-minute oil-change facility

is unknown. However, records indicate that the mean time is 2l.2-minutes, and the standard deviation 3.5 minutes.

Explanation:

Employees bonus $50

35 oil changes between 10:00 am to 12:00pm

n = 35

10% changes

So, the z - score can be calculated using

z-score = InvNorm(0.10)

z-score = -1.28

So, given that,

Standard deviation is 3.5minutes

σ = 3.5 minutes

Mean time is 21.2 minutes

μx = 21.2 minutes

Then,

σx = σ / √n

σx = 3.5 / √35

σx = 0.5916 minutes

Then, Z score can be written as

Z = (x - μx) / σx

-1.28 =  (x - 21.2) / 0.5916

Cross multiply

-1.28 × 0.5916 = x - 21.2

-0.7573 = x - 21.2

x = 21.2 - 0.7573

x = 20.443 minutes

There is a 10% chance of being at or below a mean oil-change time of 20.44 minutes

5 0
3 years ago
Bull'sEye sells gift cards redeemable for Bull'sEye products either in-store or online. During 2016, Bull'sEye sold $2,000,000 o
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Answer:

b) $1,950,000

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Total gift card revenue to be recognized in 2016 = $1,950,000

4 0
3 years ago
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Assets of $210.761 million Total Common Stock of $6.
xeze [42]

Answer:

the  Digby Corporation's total liabilities is $156.92 million

Explanation:

The computation of the total liabilities is given below:

Total Liabilities is

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= $156.92 million

Hence, the  Digby Corporation's total liabilities is $156.92 million

The same should be relevant

5 0
3 years ago
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