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anzhelika [568]
3 years ago
12

Maria lost her job because the economy is shrinking.What kind of example is stated above?

Business
1 answer:
Svetlanka [38]3 years ago
4 0
Answer: option C) cyclical unemployment.

An economical cycle includes shrinking and expansion. During shrinking the unemployment increases. Then this lost of job obeys to a state of cyclical unemployment.
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Consider the following two countries. Assume they produce only these two goods. Note that productivity is now measured in how ma
Ainat [17]

Answer:

A. 1/3 computers

B. 0.6 computers

Explanation:

A. The opportunity cost incurred by the US to make cars is the number of computers it would have to give up to make a car.

The US can either make 12 cars or 4 computers. For every car made therefore the US forgoes;

= 4/12

= 1/3 computers.

B. The same logic applies to Japan. They can either make 10 cars or 6 computers.

Their opportunity cost for cars is therefore;

= 6/10

= 0.6 computers

5 0
3 years ago
While traveling on a commercial bus line, a passenger was injured when some luggage fell on him. As required by applicable state
Nonamiya [84]

Answer: See explanation

Explanation:

In a situation whereby the attorney of the passenger tried resolving the dispute in good faith, then the bus company must be ordered by the court to produce the report as well as the payment of reasonable cost that was incurred in making the motion.

It should however be noted that such cost may not be awarded when the movant had filed the motion before obtaining the disclosure in good faith. Also, the cost with be given when the nondisclosure response of the opposing party was justified.

7 0
3 years ago
The descriptions below give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. Use th
aleksley [76]

<u>Explanation:</u>

A. This is the case of Cyclical unemployment here lorraine is just graduated and does not find any job inspite of applying with many of the employers. Here the economic condition of the country is below its full capacity.

B. It is example of potential frictional unemployment as George takes time to move on from current job to a part time job. Frictional unemployment is the time taken to move from one job to another.

C. This is an example of structural and technological unemployment as there is a mismatch between the labor market required skills and the skills of the candidate. Christine has bank teller skills but it is not matched with skills expected by banks.

D. It is called as frictional unemployment where Ricardo is out of job due to lay off by the company. The period between a jobless situation and job is frictional unemployment.

5 0
3 years ago
Eddie was surprised to learn that not everyone would receive a bonus this year instead management plan to
dmitriy555 [2]

Eddie's company is using a forced ranking performance review system.

<h3>What is forced ranking?</h3>
  • Forced ranking, the contentious practice of grading employees against one another rather than against performance criteria, is all the rage in corporate America.
  • Employees are evaluated from best to worst depending on their performance in a system known as forced ranking.
  • This system can be used to find top talent, assist managers in identifying individuals who require growth, and give a framework for granting incentives and promotions.
  • This not only makes staff feel unmotivated and disengaged, but also fosters unneeded internal competition, which can be harmful to synergy, creativity, and innovation and divert attention away from marketplace fulfillment.

Therefore, Eddie's company is using a forced ranking performance review system.

Know more about forced ranking here:

brainly.com/question/6626507

#SPJ4

The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.

6 0
2 years ago
Rebel Sound Inc. produced 30,000 audio devices last month. Rebel started the month with $10,000 worth of inventory in Finished G
Arada [10]

Answer:

$120,000

Explanation:

Step 1 Prepare a Cost of Manufacturing Schedule

Materials ($50000-$6,000)                              $44,000

Various utility and rent charges on factory       $15,000

Salaries and Wages                                           $60,000

Other Costs(Balancing figure)                           $35,000

Less Work in Process                                       ($24,000)

Cost of Goods Manufactured                           $120,000

Step 2 Prepare a cost of Goods Sold Schedule

Opening  inventory in Finished Goods             $10,000

Add Cost of Goods Manufactured                  $120,000

Less Closing  inventory in Finished Goods      ($5,000)

Cost of Goods Sold                                          $125,000

7 0
4 years ago
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