Answer:
increase
decrease
frictional unemployment
a, b
Explanation:
Frictional unemployment . the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
As a result of the increase in price of cotton, the profit of making cotton would increase. So the production of cotton would increase and more labour would be needed
the cost of production for cotton producing firms would increase and this would discourage production. The demand for labour would increase
the government can reduce frictional unemployment by having policies that reduce the job search period and would incentivise labour to get employed quickly
In the face of demographic pressures dealing with an aging workforce, many employers try to use voluntary attrition am<span>ong their older workers through early retirement incentive programs.
voluntary attrition refers to the action taken by the employee to resign him/herself from the workforce. Older employees tend to have lower performance compared to the younger employeess. Offering early retirement benefit will allo the company to do a regeneration among itss workforce.
</span>
Answer:
c. 2.50.
Explanation:
Elasticity of demand is defined as the degree of responsiveness of quantity demanded to changes in the price of a commodity. It is calculated as percentage change in quantity demanded divided by percentage change in price.
Elasticity is considered elastic if the value is above one, and is means an increase in price results in significant decrease in demand.
When elasticity is less than 1 it is said to be inelastic and increase in price does not result in significant change in demand.
Percentage change in quantity= (30millon- 20 million)/20 million= 0.5
Percentage change in price= (100-80)/100
Percentage change in price= 20/100= 0.2
Elasticity= 0.5/0.2= 2.5
Answer: D. Are Time Consuming
Explanation:
Communication, Teaching employees and involving them in policies are very useful tools in reducing employee resistance to trade but they can be quite time consuming. Having to communicate explain every change to employees, why it is to be done and how it will be of benefit will take time that could have been spent producing results.
Also involving them in key decision making can have the same temporal effect because the decisions will have to go through more people than before to be approved. The process will become more bureaucratic.
Answer:
Continuous production process
Explanation:
Continuous production process -
It is also known as continuous flow process , continuous process .
It refers to the constant method to manufacture , produce or process the goods and services , is referred to as Continuous production process .
The example of Continuous production process is blast furnace , nuclear power plants etc.
The method demands a lot of attention and manual work to perform this task .
Hence , from the given scenario of the question ,
The correct term is Continuous production process .