Answer:
12%
Explanation:
Given that,
Potential real GDP = $200 billion
Natural rate of unemployment = 6 percent
Actual rate of unemployment = 12 percent
Okun's law refers to the law which states the relationship between the losses in the production of a particular nation and the unemployment.
It also indicates that for every 1 percent, the actual rate of unemployment exceeds the natural rate of unemployment, then as a result there is a GDP gap of 2% is generated.
Cyclical unemployment:
= Actual rate of unemployment - Natural rate of unemployment
= 12% - 6%
= 6%
Negative GDP gap:
= 6% × 2
= 12%
Therefore, the of the negative GDP gap as a percentage of potential GDP for the economy is 12%.
Answer:
$0.6 per unit
Explanation:
The computation of the variable rate per unit of output is shown below:
But before that first we have to determine the variable cost which is
= Total utilities cost - fixed cost
= $2,600 - $2,000
= $600
And the number of units produced is 1,000 units
So, the variable rate per unit of output for utilities cost is
= $600 ÷ 1,000 units
= $0.6 per unit
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<h3>
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Learn more about Customer Relationship Management at brainly.com/question/21299183
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Answer: Option B
Explanation: Packaging is the process of protecting the product so that its distribution and sales could be done easily and effectively. Apart from protection, the packaging of a product enhances its value and give it distinct feature over other product.
Labeling refers to the process of describing something using a word, phrase or sometimes even a picture.
Both packaging and labeling gives an identity to the product. It gives the idea to the customer of the company making such product, this further results in brand loyalty from the customers, thus, a stronger customer base.
From the above we can conclude that the correct option is B.
Answer:
If we assumes we setup machine for product A x times, and B y times, the total hours required is 0.5*3000 + 0.8*2000+ 2*x + 8 *y = 3100+2x+8y. Notice that due to the capacity restriction x has to be no smaller than 150 hours (3000/20) and y has to be no smaller than 50 hours (2000/40). so total required hours must exceed 3100+2*150+8*50=3800. The management prefer a 15% capacity cushion, which means the total duration prepared for the processing should be at least 3800*(1+15%)=4370 hours.
If one machine operates eight hours per day, five days per week and 50 weeks a year, it operates 5*8*50 = 2000 hours in total.
That's why we need 2 more machines ( 3 machines in total since 4370 > 2*2000).
