Answer:
1) What is the size of Labor force
?
60 people are full time employed + 20 people who are part-time employed + 20 people who are unemployed = 100 people
2) What is the Unemployment rate?
20 people who are unemployed / 100 people = 0.2 or 20%
the unemployment rate includes only those people who do not have a job but are willing and able to work, and are currently looking for one.
Answer:
The Entrepreneurial personality trait i have is <em>Risk Taking. </em><em> </em>And Yes, one can develop such characteristics.
Explanation:
As of now, I have recognized that I am a <em>Risk Taker, </em>which is an essential trait to be an entrepreneur. Because there would be lots of hurdles in the way, and I would be required to make quick decisions for impose great risk for me and I like to take that.
Developing characteristics:
- Decision Making.
- Planning.
- Open Mind.
- These entrepreneurial personality traits I believe can be developed. Because there is a study which tells that to learn something new it requires 10000 hours, so, it's really not a rocket science, and only practice is required.
To learn decision making, one needs to take decisions often, he will surely fail but then that's what it is about taking risk being confident.
Answer:
$480
Explanation:
Calculation to determine what The sales quantity variance that would complement the variance calculated in the previous question is:
First step is to calculate Sales mix: budget for
AR-10
Total units: budget = 2,000 + 6,000
Total units: budget = 8,000
Actual units = 2,800 + 5,600
Actual units= 8,400
Sales mix: budget: 2000/8000
Sales mix: budget = 25%
(8,400-8,000) x.25 x $1.80
= $180 favorable
For ZR-7:Sales mix: budget: 6000/8000 = 75%(8400-8000) x.75 x $1.00 = $300
favorableTotal quantity variance: $180 + $300 = $480
.
Therefore The sales quantity variance that would complement the variance calculated in the previous question is:$480
Answer:
e. decrease its level of table production
Explanation:
MC = 200.
Market price = 150 which cannot be changed by any firm.
MC is greater than price = MR then in order to maximise profit MR has to be equal to marginal cost
MC has to be decreases to $150 which is possible only when it reduces output.
Answer:
The correct answer is : minimum; risen.
Explanation:
The poverty rate can be defined as the rate of population in a certain age gap who fail to earn a given minimum absolute income.
The census bureau updates the poverty threshold annually. People below this threshold level are considered poor.
According to the data from US census bureau the poverty rate in 2000 was 11.3%. In 2010, it was 15.1%. Though it fell to 13.5% in 2015 it is still higher than that in 2000.
So, we can conclude that poverty rate has increased largely since the year 2000.