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Ahat [919]
3 years ago
13

Which of the following represents frictional unemployment? i) The demand for refrigerators falls when the economy enters a reces

sion, and refrigerator manufacturers lay off some of their workers. ii) General Motors decides to close its U.S. factories and relocate its car manufacturing division to Canada. iii) After graduation you take a job in financial services, but the long hours don't appeal to you so you quit to find a job elsewhere. iv) Juan's fishing business can't cover its costs, so it closes. Juan is now looking for a new job.
Business
1 answer:
tatuchka [14]3 years ago
8 0

Answer:

The correct answer is option iii and option iv.

Explanation:

Frictional unemployment refers to the situation where unemployment is caused because of the shift from one job to the other.  

In the first option, the unemployment is being caused because of recession. This is an example of cyclical unemployment.  

In the second option, the unemployment caused by relocation is an example of structural unemployment.  

In the third and fourth options, the individuals are looking for a job of quitting another. This is an example of frictional unemployment.

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Answer:

When gasoline prices increase, a larger share of households' budgets is likely to be spent on it, which leaves less to spend on other goods and services. The same goes for businesses whose goods must be shipped from place to place or that use fuel as a major input (such as the airline industry).

Explanation:

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3 0
3 years ago
Suppose at the end of the meeting that Jack agrees to offer the restaurant buyout, including the non-competition agreement. Prio
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Answer:

D) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.

Explanation:

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3 years ago
A customer at Jaquine, a French restaurant, complains to Brent, the owner, about a specialty dessert being unacceptable. Brent i
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Answer:

B. a task analysis

Explanation:

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In the example above, Brent's goal is to ensure that Mason will never repeat his mistake in using bad ingredients ever again.

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3 0
3 years ago
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spayn [35]

Answer:

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effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.

Social Effects of Advertising is that it is manipulative and promotes unnecessary consumption,Advertising makes us more intelligent consumers and promotes worthwhile social causes.

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3 years ago
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3 years ago
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