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PtichkaEL [24]
3 years ago
7

Which of the following people are structurally unemployed? Select all answer options that apply. Choose one or more: A. A newspa

per photographer loses his job due to decreased circulation of the physical newspaper. His boss says more people are using the Internet to get their news. B. A seasonal drought causes some farm workers to lose their jobs. There just isn’t enough work for them to do. C. A teacher at the local high school loses his job when declining enrollment causes the school district to consolidate schools. D. A worker on an assembly line loses her job when the company outsources jobs to China. E. Your mechanic closes his shop because recent advances in technology mean that cars need much less servicing, and he doesn’t have enough work to keep the business open. F. Two employees of a tax accounting firm are laid off because new tax software has made it easier for people to do their own taxes.
Business
1 answer:
aleksley [76]3 years ago
8 0

Answer:

The correct answers are letters "A", "C", "D", "E", and "F".

Explanation:

Structural unemployment is an economic mismatch when workers fail to find jobs and employers with available openings cannot find workers. This problem can be created by technological advances and rapid relocation of available jobs along with other economic factors such as rapid technological changes, and government policy. In that sense:

<em>A.</em><em> A newspaper photographer loses his job due to the decreased circulation of the physical newspaper. His boss says more people are using the Internet to get their news. (</em><u><em>Technological change)</em></u>

<em>C.</em><em> A teacher at the local high school loses his job when declining enrollment causes the school district to consolidate schools. </em><u><em>(Government policy)</em></u>

<em>D.</em><em> A worker on an assembly line loses her job when the company outsources jobs to China. </em><u><em>(Job relocation)</em></u>

<em>E.</em><em> Your mechanic closes his shop because recent advances in technology mean that cars need much less servicing, and he doesn’t have enough work to keep the business open. (</em><u><em>Technological change)</em></u>

<em>F.</em><em> Two employees of a tax accounting firm are laid off because new tax software has made it easier for people to do their own taxes. (</em><u><em>Technological change)</em></u>

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Distinguish between planned economy and mixed economy?​
Anettt [7]

Answer:

CHECK THE EXPLANATION.

Explanation:

A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

4 0
2 years ago
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th
rjkz [21]

Answer:

Allocated MOH= $188,627

Explanation:

Giving the following information:

Estimated overhead= $241,800

Estimated direct labor hour= 6,800

Actual direct labor-hours were 5,300.

First, we need to calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 241,800/6,800= $35.59 per direct labor hour.

Now, based on actual direct labor hours, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 35.59*5,300= $188,627

6 0
3 years ago
The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below:
Yanka [14]

Answer:

Explanation:

The preparation of the report form balance sheet as of August 31, 2019 is presented below:

                                      Sentinel Travel Service

                                 Report form balance sheet

                              For the year ended August 31, 2019

Assets

Cash                                             $143,125

Account receivable                     $54,240

Supplies                                       $9,300      

Land                                             $248,000

Total assets                                 $454,665

Liabilities

Account payable                        $19,370

Owner equity

Ending capital                            $435,295

Total liabilities

And owners equity                    $454,665

The net income would be

= Fees earned - Office expense - Miscellaneous expense - Wages expense

= $774,800 - $178,205- $15,495 - $371,905

= $209,195

And, the ending capital would be

= Opening capital - withdrawn amount + net income - additional cpiatl

= $209,000 - $29,400 + $209,195 + $46,500

= $435,295

7 0
3 years ago
Imagine that both the skycar and jet powered wing become sold commercially. What hospitality and tourism businesses might develo
Ede4ka [16]

Explanation:

Companies could improve and implement differentiated services for customers.

What could probably happen is that tour companies offer a personalized service, faster and cheaper with the possibility of purchasing a skycar and jet, as hotel guests usually make a tour itinerary that requires high mobility costs, therefore offering this differentiated and cheaper service directly at the establishment would mean a focused differentiation strategy that would add several benefits, such as increased profitability and customer loyalty.

6 0
3 years ago
Exercise 14-04 a-c Bonita Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,70
PilotLPTM [1.2K]

Answer:

Factory Overheads  $182,420

Manufacturing overhead $ 396,820

Product costs $396,820

Period costs $ 75,720

Explanation:

Bonita Company

Direct materials used 141,700

Direct labor $72,700

Factory Overheads  $182,420

Factory utilities $16,000

Depreciation on factory equipment 14,250

Property taxes on factory building 2,600

Indirect factory labor 53,500

Indirect materials 85,000

Factory repairs 2,970

Factory manager’s salary 8,100

Manufacturing overhead $ 396,820

Product costs $396,820

Advertising 15,600

Office supplies used 3,420

Sales salaries 50,000

Depreciation on delivery trucks 4,900

Repairs to office equipment 1,800

Period costs $ 75,720

Manufacturing Costs are costs used in the manufacture of products.

Product Costs = Direct materials + Direct Labor + Manufacturing Overheads

Period Costs include Marketing and Selling Expenses , Administrative Expenses.

5 0
3 years ago
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