Answer:
The answers are:
A) 25.23 million people
B) 70.28%
C) 4.92 million people
D) 19.50%
Explanation:
Laborland's total labor force can be calculated by adding those who are employed and those who are unemployed but were searching for a job during the last month.
- 4.6 million (part-time employed) + 15.71 million (full-time employed) + 3.2 million (looked for a job two weeks ago) + 1.72 million (looked for a job between two and four weeks ago) = 25.23 million people
Laborland's labor force participation rate can be calculated by dividing the labor force by the total population.
- (25.23 million / 35.9 million) x 100% = 70.28%
Laborland's total unemployed can be calculated by adding the number of people without a job that searched for a job during the last month.
- 3.2 million + 1.72 million = 4.92 million people
Laborland's unemployment rate can be calculated by dividing the total number of unemployed people by the total work force.
- (4.92 million / 25.23 million) x 100% = 19.50%
Answer:
Make since the relevant cost to make it is $58.35
Explanation:
![\left[\begin{array}{cccc}&$produce&$buy&$Differential\\$Purchase&-&-62.35&-62.35\\$Manufacturing Cost&-58.35&-&58.35\\$Allocate Cost&-11.55&-11.55&-\\$Total Cost&-69.9&-73.9&-4\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26%24produce%26%24buy%26%24Differential%5C%5C%24Purchase%26-%26-62.35%26-62.35%5C%5C%24Manufacturing%20Cost%26-58.35%26-%2658.35%5C%5C%24Allocate%20Cost%26-11.55%26-11.55%26-%5C%5C%24Total%20Cost%26-69.9%26-73.9%26-4%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<u></u>
<u>The manufacturing cost will be:</u>
direct material 7.70
direct labor 23.70
Overhead 38.5 x 70% = 26.95
Total manufacturing cost 58.35
Allocated cost 11.55
The purchase cost is higher than our manufacturing cost of 58.35
It is better to make the unit.
The purchase option generates a differential loss for $4
Answer:
comparative advantage
Explanation:
Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.
Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.
It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.
Answer:
You must invest each month, starting next month, for 3 months at a rate of 5% compounded monthly $975.36, in order to just covert the cost of the camp of your child.
Explanation:
Hi, we need to equal the future value of an annuity to the value of $1,000 per month, for 3 months in month 6, in order to pay from month 7 through 9 for the camp, using a discount rate of 5% APR, (which is 0.05/12=0.004167 or 0.4167% effective monthly). The equation we need to solve for "A" is as follows.
So, you need to invest $975.36, for 3 months, starting next month, in order to pay all three months of camping, starting in month 7 (included) through month 9, at 5% APR (compounded monthly).
Best of luck.
Answer:
- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.
- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.
- An injury. You were injured.
- The injury resulted from the breach.
Explanation:
Hope this helps.
