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3 years ago

After the conclusion of the 1991 recession, the unemployment rate generally ______________ throughout the 1990s.

Business

1 answer:

strojnjashka [21]3 years ago

5 0

Answer:

Lowered throughout 1990 s; labor force participation rate

Explanation:

The recession of 1990-1991 which lasted for 8 months elevated unemployment rate to 8.1% in 1992, but following 1990 s expansion fell to 4.6% in 2001. Increase in labor force participation, mainly with Baby Boomers generation, which was in its prime ( ages between 37 and 55 in 2001) lead to positive growth in the 90 s. There were numerous other reasons like:

significantly lower oil prices between mid-to-late 1990 s
reform of welfare system, which significantly reduced the time users can receive aid
more egalitarian tax structure
job growth associated with informational technology revolution

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At Nice Price for the Ice, an ice cream parlor, customers routinely buy a scoop of ice cream for $2.75. If consumers purchase on

Alla [95]

Answer:

Consumers would not keep buying ice cream at $2.75 because after purchasing a certain amount of ice cream, utility would be maximised and consumers would not value ice cream at $2.75 anymore. Consumers would not purchase a product it the marginal utility that would be derived from consuming the product is less than the price.

According to the law of diminishing marginal utility, as more units of a product is increased, total utility increases but at a decreasing rate.

Explanation:

Marginal utitiy is the increase in utility that is derived from consuming one more unit of a product.

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3 years ago

John works for Heinlein Hillclimbers in Wyoming, where he earns $26,500 annually. He contributes $150 per month to his 401(k), o

otez555 [7]

Answer: $40,710

Explanation:

John's annual compensation includes his actual annual salary as well as the various payments that Heinlein Hillclimbers makes on his behalf.

His total annual compensation is:

= Annual salary + Employer's 401 contribution + Health insurance + Life insurance + AD&D + Profit sharing bonus + Tuition reimbursement + employer only taxes and insurance

= 26,500 + (150 /2 * 12 months) + (150 * 12 months) + (30 * 12 months ) + (50 * 12 months ) + (2% * 26,500) + 5,250 + (18% * 26,500)

= 26,500 + 900 + 1,800 + 360 + 600 + 530 + 5,250 + 4,770

= $40,710

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2 years ago

Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per

RideAnS [48]

Diseconomies of scale result from monthly bike sales of more than 400.

Economies of scale = fewer than 300 bikes each month

Monthly bike sales of between 300 and 400 bikes = Constant Returns to Scale.

<h3>What is Diseconomies of scale?</h3>

Diseconomies of scale are the cost disadvantages that economic actors experience as a result of growing their organizational size or their output.
Which leads to higher per-unit costs for the production of products and services.
Economies of scale are opposed by the idea of diseconomies of scale.

<h3>What is Economies of scale ?</h3>

The cost advantages that businesses experience as a result of their size of operation are known as economies of scale.
And they are often quantified by the amount of output generated in a given amount of time.
Scale can be increased when the cost per unit of output decreases.

<h3>What is Constant Returns to Scale?</h3>

When a company's inputs, such as capital and labor, expand at the same rate as its outputs, or the value of their goods, this is known as a constant return to scale in economics.
Returns to scale are measurements over a long time.

Learn more about Constant Returns to Scale here:

brainly.com/question/17326273

#SPJ4

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2 years ago

A company purchased equipment for use in the business at a cost of $15,000, one-fourth was paid in cash, and the company signed

timofeeve [1]

Answer:rr56iomivt

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gi'opi[9[hjkjgkglo8uhuoouhiii6666666699999999999999999

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2 years ago

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3 years ago