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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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Palin Inc., an electronics manufacturer, is headquartered in Texas. The firm shifted its operations from Texas to China due to l
Fittoniya [83]

Answer: Offshoring.

Explanation:

Palin Inc., is involved in Offshoring by taking their production operations from the U.S of America to China where they can get cheap and quality labor. Offshoring occurs when a production company changes their industry site to a new location, which posseses quality and cheaper labor than their original location.

3 0
3 years ago
Warranty service, processing of complaints, and costs of litigation are examples of Multiple Choice appraisal costs. internal fa
zhannawk [14.2K]

Examples of internal failure costs include warranty service and complaint handling. As a result, choice b is accurate.

<h3>What do you mean by internal failure cost?</h3>

Internal failure costs are expenses related to flaws discovered prior to the client receiving the good or service. External failure costs are expenses related to flaws discovered after the client has purchased the good or service.

Internal failure costs are quality expenses related to product flaws found before a product leaves the facility.

Hence, warranty services all are examples of the internal failure cost.

Learn more about internal failure costs:

brainly.com/question/14802565

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8 0
1 year ago
From guided notes reading of 7 skills to make mill$ :
Mkey [24]

Answer:

From guided notes reading of 7 skills to make mill$ :

This book focuses on __soft_______ skills or behavioral ___competencies________.

Explanation:

Brooks Harper's "7 Skills to make mill$" is a motivational book which urges students to perform at their best during their school  days so that they can be prepared for the work life.  In a very unique manner, Brooks hampered on the importance of the seven skills, which he described with the acronym DOLLARS.  These include Diligence (hard work pays), Organization (Be your CEO, developing your GPA as your Goal, Plan, and Action and not just Grade Point Average), and Leadership (by making a difference).  Others include Learning (replacing ignorance with education), Accountability (Your name = Your Brand; enhance or diminish it), Relationship (a warning to mind your company), and lastly Speaking (the articulation of ideas to others).  These are the keys to success in life, which must be developed during school days.

7 0
3 years ago
The markup on a TV should be 58% based on selling price. If the seller paid $252 for one, then how much should it be sold for (i
FinnZ [79.3K]

Answer:

=$398.16

Explanation:

Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.

If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.

= 58% of 252 + 252

= (58/100 x 252 ) + $252

=$146.16 +252

=$398.16

3 0
3 years ago
The incentive problem under communist central planning refers to the idea that:
belka [17]

Answer and Explanation:

B. workers, managers, and entrepreneurs could not personally gain by responding to shortages or surpluses or by introducing new and improved products.

7 0
3 years ago
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