1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetradugi [14.3K]
3 years ago
12

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas willdecrease .

The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, willdecrease . The temporary unemployment resulting from such sectoral shifts in the economy is best described asfrictional unemployment.
Business
1 answer:
MAVERICK [17]3 years ago
7 0

Answer:

Decrease

Increase

Frictional unemployment.

Explanation:

If the world price of cotton falls considerably, the cotton producing firms will not be able to make the expected level of revenue they have initially projected, this fall in revenue will lead to the firm requiring less labor, therefore there will be a decrease in demand for labour.

However, textile producing firms in South Carolina will see this fall in price as an opportunity to purchase as much cotton as possible, this will therefore lead to the firms needing more labor to work with the large number of inputs purchased. This will therefore, lead to an increase in the demand for labor.

The resulting consequence will therefore be Frictional Unemployment, which is the time spent between jobs by the labor. It results from transferring from the cotton producing firms, to the textile producing firms.

You might be interested in
Jeff and Rhonda are married and have two children, Max and Jen. Max is 20, attends college in the Los Angeles area full-time, an
Rufina [12.5K]

The nuclear family .

Explanation:

This is because every extended family has a link with their relation. They need to build their home.

6 0
3 years ago
An​ "excessive" budget deficit in this context is
rjkz [21]

Answer:

A) A relatively large budget deficit as a percentage of GDP beyond the European​ Union's deficit and debt rules.

Explanation:

A budget deficit is when the governments have more expenditures in a budgeted year than they have the revenues in form of taxes and other incomes. A deficit is excessive if it is large in comparison to the GDP.

In the European Union the budget deficit is considered excessive if it exceeds 3% of the running years GDP.

A public debt percentage to GDP of 60% or above is considered excessive as most of the GDP then is used for debt servicing and thus impacts negatively on the financial health of the country.

Hope that helps.

6 0
3 years ago
How might an interactive leader like Mary Barra communicate a policy change that impacts all GM employees from executive-level m
Andrej [43]

Answer:

b. Create task forces at different levels of the organization that communicate the benefits of the policy change

c. Hold a series of town hall meetings to discuss the policy change and listen to employee concerns

d. Hold informal meetings with key managers, department heads, and staff employees to discuss the policy change to develop best practices for communicating the change to other employees

Explanation:

An Interactive leader is a leader who seeks the opinion of his or her followers regarding issues in order to achieve a desired goal.

Mary Barra can communicate a policy change that impacts all GM employees from executive-level managers to assembly line workers by creating task forces at different levels of the organization that communicate the benefits of the policy change. This will help in passing the message across to the workers effectively and quicker.

Holding a series of town hall meetings to discuss the policy change and listen to employee concerns is also vital as the purpose of the policy change can be discussed and the opinions of other with regards to the change can be known.

Lastly, holding of informal meetings with managers, department heads, and staff employees is also essential so that the information can be passed across to the employees in each department and the workers all work towards achieving a common goal.

7 0
3 years ago
What is the impact of war in international trade
Bezzdna [24]

The impact of war in international trade includes:

  • restriction of goods to the countries
  • conflict leading to non-agreement on trade
  • low or no trade relationship between countries.

<h3>What is an international trade?</h3>

This refers to the economic transactions that are made or took place between countries.

Hence, any military conflict impact on international trade by causing a restriction of goods to the countries, conflict leading to non-agreement on trade, low or no trade relationship between countries etc.

Read more about international trade

<em>brainly.com/question/15115779</em>

#SPJ1

8 0
2 years ago
If my friend suzette worked for a total of 7 hours. how much should she be paid​
Ira Lisetskai [31]

Answer:

That would depend on the job that was done

Minimum wage would suffice depending on what state you're in

Or you could just look out for a friend and pay a fair price plus maybe something extra

Explanation:

5 0
3 years ago
Other questions:
  • Reporting relationships between bosses and subordinates is a function that relates to the ________ dimension of a firm's structu
    13·1 answer
  • Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement
    10·2 answers
  • Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1,600 hours and sigma ​= 80 hou
    14·1 answer
  • What are the advantages of a bank savings account?
    10·2 answers
  • A small local bank has made many loans to several energy companies recently because these companies have had no problem repaying
    8·2 answers
  • Which of the following is an example of greenwashing?
    11·1 answer
  • A portfolio is invested 16 percent in Stock G, 56 percent in Stock J, and 28 percent in Stock K. The expected returns on these s
    10·1 answer
  • Short Company purchased land by paying $11,000 cash on the purchase date and agreed to pay $11,000 for each of the next six year
    10·1 answer
  • Questions are worth either 0.5 points or 1 point. All questions will be answered in multiple choice format via BlackBoard THE GI
    7·1 answer
  • What is the overall purpose of strategic management? multiple choice question. gain competitive advantage
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!