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Mekhanik [1.2K]
3 years ago
6

New ________________ can improve economic activity provided that production costs are reduced and the economy can absorb those w

orkers who become unemployed as a result of the new __________________..
Business
1 answer:
Bezzdna [24]3 years ago
3 0

Answer and Explanation:

New technology

With the advent of certain technology, it is true that there has been reduction in production cost and an increase in output. However, these new technology has put many employees to home as well.

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Doris lewis owns lewis edibles, inc., a company that makes tongue tinglin' bbq sauce. she wants to target local people who like
guajiro [1.7K]
I had to look for the options and here is my answer:
Based on the given description above about Doris Lewis who owns Lewis Edibales, Inc., which is a company who makes BBQ sauce and wants to mix goodness that grows in North Carolina, what Lewis is doing is taking marketing actions in order to reach target markets.
4 0
4 years ago
On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 using the retail method?
Misha Larkins [42]

Answer: The ending inventory is $43,500

Explanation:

Cost. Retail

$ $

Beginning inventory. 125,000 166,667

Add :Purchases 235,000 313,333

-------------------- -----------------------

Cost of good available for sale 360,000 480,000

Cost to retail ratio

360,000 ÷ 480,000

= 0.75

Cost. Retail

$ $

Cost of good available for sale 360,000 480,000

Less:Sales. 230,000 250,000

360,000. 172,500

187,500

-------------------- ----------------

(417,500) 58,000

Ending inventory × 0.75 (58,000 × 0.75) = 43,500

Cost to retail ratio.

Ending inventory. $43,500

3 0
4 years ago
Summarize the different levels of organization involvement in international trade
insens350 [35]

Answer:

Here are several organization involvements that exist in international trades but might not exist in domestic trade:

- Import/export

- Countertrade Agreement

- Foreign Direct investment

- Multinational marketing strategy

Explanation:

- Import/export

To put it simply, Import is the act of acquiring goods from another country to your country. Export is the act of sending goods from your country to another country,

- Countertrade Agreement

This consist of tradge agreements that created by the government between different countries.

Most countries will impose tariff or quota to the foreign goods that come into their country. This will increase the price of the foreign goods when they entered the local markets. Tariff and quota are made to protect local businesses from foreign businesses.

- Global outsourcing

This happens when a company give their job to the people from another country.

Most commonly, this is conducted by companies from a richer countries. Outsourcing their jobs to a poorer country tend to cut down the labor cost. They can send  the product output back to their original country and sell it with higher price/.

- Multinational marketing strategy

This marketing strategy considers the different cultures / taste that exist in foreign market. They will cater their strategy to suit the taste of foreign customers and improve their brand favorability.

7 0
4 years ago
Which of these people is part of the labor force?
MA_775_DIABLO [31]

The people that is part of the labor force is option D: an auto mechanic

The best example of frictional unemployment is option D: a company moving to another state, leaving its workforce without jobs

The ways that the economy is affected when the unemployment rate goes up are option B and C:

  • Sales tax rates go down.
  • Less money is spent on investments.

The most likely result of incomes not rising as quickly as inflation is option  B: The unemployment rate rises as more people look for jobs.

The way the standard of living in the United States generally changed over the past 100 years is option B: It has gotten much better.

<h3>What do the terms "labor force" and "work force" mean?</h3>

The labor force is the whole population that is actively seeking employment. It is measured in terms of the number of days and is independent of wage rates. The workforce is the total number of people who are really employed.

Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.

Hence, the term "workforce" or "labor force" refers to the group of people who are either employed or unemployed and an auto mechanic is a  good example of it.

Learn more about labor force from

brainly.com/question/12167259
#SPJ1

7 0
2 years ago
Jacob chose to spend the afternoon swimming rather than going to the movies. Any value given up from not going to the movies is
soldier1979 [14.2K]
Opportunity cost is the answer 
8 0
3 years ago
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