Because it takes<u> time</u> for people to find work in a society with poor information, frictional unemployment happens.
The unemployment that results from regular labor turnover, such as persons joining and leaving the labor force, as well as the continuous creation and destruction of jobs, is known as frictional unemployment. It comprises employees who are either looking for employment or holding out for a job soon.
Frictional unemployment has the following examples: employees looking for new jobs after quitting their existing ones, employees want to shift careers. Those looking for their first job after graduating from college or those starting their first career in the workforce.
To learn more about frictional unemployment
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Answer:
If the ball goes over the goal line (end line), but not into the goal, and was last touched by the attacking team, it is put back into play by the defending team with a goal kick.
Answer:
The trend line lies on the points (0,100) and (15,900)
Explanation:
Answer:
1. b. Competitive
2. a. It should provide superior value in terms of lower price, and/or convenience, and accessibility
Explanation:
The competitive pricing is marketing strategy in which a product price is set after careful consideration of competitor's price. The pricing of a product is determined based on competitor's product price. The Carmax product moisture plus should follow competitive pricing strategy as the market is not in the mature stage.
The Carmax should offer lower price and create high value to the consumers. Carmax can gain competitive advantage by economies of scale and some unique features.
Answer:
It will order 3,865 booklets
Explanation:
We need to use the formula for Economic Optimal Quantity
Where:
D = annual demand
S= supply cost = ordering cost
H= Holding Cost
It will order 3,865 booklets
<u>How to Remember:</u>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
