Answer: b. The company will be flooded with applications from individuals who are barely qualified.
Explanation:
By putting job advertisements on popular websites which are full of people looking for jobs, the company will attract people who are underqualified but apply anyway on the off chance that they are called for an interview. The company will incur costs sifting through the applications to find suitable candidates.
This will be a waste of the company's resources as those resources could have been directed at getting prospective employees that would be a better fit with the company and have the relevant qualifications. This could have been done by going to a recruiting agency for instance.
Answer:
the total cost of the new equipment is $105,500
Explanation:
The computation of the total cost of the new equipment is given below:
Total cost of the new equipment is
= Net price + Sales tax + Installation charges + Payment for concrete slab
= [$100,000 - ($100,000 × 2%)] + $3,000 + $1,500 + $3,000
= $105,500
Hence, the total cost of the new equipment is $105,500
Answer:So far we have learned to measure real GDP, but how do we end up with that real GDP? Of all of the different amounts of national income and price levels that might exist, how do we gravitate toward the one that gets measured each year as real GDP?
In short, it is the interaction of the buyers and producers of all output that determines both the national income (real GDP) and the price level. In other words, the intersection of aggregate demand (AD) and short-run aggregate supply (SRAS) determines the short-run equilibrium output and price level.
Once we have a short-run equilibrium output, we can then compare it to the full employment output to figure out where in the business cycle we are. If current real GDP is less than full employment output, an economy is in a recession. If current real GDP is higher than full employment output, an economy is experiencing a boom. If the current output is equal to the full employment output, then we say that the economy is in long-run equilibrium. Output isn’t too low, or too high. It’s just right.
Explanation: hope this helps
Answer:
Option d would be the appropriate choice.
Explanation:
- At either the vertices including its continuum that ranges exist the optimal solutions towards linear programming challenges. Throughout this instance, the feasible area is just the section between some of the blue as well as red sections of the green map.
- The green squares that describe the point of convergence between some of the red or green outlines seem to be the optimal solution.
Some other choices don't apply to the specified situation. So, the best one is the one mentioned.
Answer:
B. the study of how limited resources are allocated to satisfy unlimited wants
Explanation:
According to Professor Lord Robbins, Economics is social science which studies human behavior in relation to ends and scarce means. Economics is the study of how humans allocate limited resources to satisfy unlimited wants.
Human wants are unlimited whereas the resources available to satisfy those wants are limited and as such a scale of preference would be drawn to determine what wants are to be satisfied first.
Therefore, the right option is B. the study of how limited resources are allocated to satisfy unlimited wants.
