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melomori [17]
3 years ago
7

Mister Plow has contracted to perform snow removal services for the city of Springfield. Record snowfall has more than doubled t

he time he will spend on the streets and the resources this job will require.​ Unfortunately, Mister Plow cannot come back to the city for more​ money, because the service contract is:
Business
1 answer:
trasher [3.6K]3 years ago
7 0

Answer:

Fixed price contract

Explanation:

A fixed price contract states that price for services rendered is fixed as mentioned in the contract irrespective of time taken and resources used.

Price cannot be revised in case effort and time has increased more than expected. In this case, Mister Plow cannot ask for more money as service contracts are fixed price contracts and terms of contract including price cannot be changed.

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PLEASE ANSWER THESE QUESTIONS!
Tomtit [17]

Answer:

Households receive income from firms. They also receive money from the government (transfers) and must pay money to the government (taxes). Households spend some of their disposable income and save the rest.

6 0
3 years ago
Read 2 more answers
Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new j
SCORPION-xisa [38]

Answer:

The correct answer is C. If the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to fall, which will shift the long-run aggregate supply curve to the right .

Explanation:

Unemployment occurs when there is a greater supply of labor than what is demanded. This means that there are people who seek employment at the regular wage rates, but who are unable to get employment in the open labor market. Unemployment also means that people who actually want to work (and who are unemployed) cannot work with what they are qualified for.

Unemployment is a social problem, and low unemployment and high employment are important in order to develop and maintain a welfare society. For each individual, work is the most important insurance for their own welfare and social inclusion.

If the aforementioned law were approved, and the unemployed began to look for work imminently (even leaving aside some pretensions), many of them would get a job in a shorter time than if this law were not approved, which would decrease the country's unemployment rate.

6 0
3 years ago
Why does increase interest rates cause capital inflow?
Arlecino [84]
Because a lower interest rate means a lower cost of borrowing money. However policies cannot be applied to today's world, because policies never considered how to increase investment spending when there is so much debt on the consumer side and government side.
4 0
3 years ago
For many years, Kellogg's Frosted Flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. Tony the Tige
fomenos
<h3>Hello there!</h3>

Your question asks what Kellogg's is attempting to do.

<h3>Answer: Reposition its product</h3>

The reason why "reposition its product" is the correct answer because Kellogg's is trying to reposition their product in order to make sales. Frosted Flakes was a big time thing for kids, due to the fact that advertisements involved children since Kellogg's target audience were children. Frosted Flakes were pretty much meant for children. Since the product was meant for children, Kellogg's left the people that actually buy the cereal--adults--out of the scene.

Kellogg's releasing advertisements of adults saying how much they loved Frosted Flakes allows viewers to have a thought of going to the store and getting some Frosted Flakes. With the advertisement, they're also trying to target adults because there are a lot of adults in this world, and if they can get adults to buy their product, then their sales will go big. Their goal for the advertisement is to get more sales for the Frosted Flakes product, and they're doing this by having a target audience of adults.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3><h3 />
7 0
3 years ago
The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce:
Molodets [167]

Answer: (2) Friction unemployment

Explanation:

  The friction unemployment is one of the type of unemployment in which the employees or workers are jobless and they are searching for the healthy and good economy.

It is also known as the searching unemployment process as it is differentiated from all the other types of unemployment. The following are the types of friction unemployment are as follows:

  • Cyclical unemployment
  • Structural unemployment

 According to the given question, the friction unemployment is one of the development computerized job process in which the employees search the job on the basis of employee interest.

Therefore Option (2) is correct answer.

       

3 0
4 years ago
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