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gogolik [260]
3 years ago
13

Suppose that the Bureau of Labor Statistics predicts that the number of jobs for dental hygienists will grow faster than most oc

cupations while the number of jobs for bookbinders will decline. This change in the labor market could lead to:
structural unemployment created by sectoral shifts.
structural unemployment created by efficiency wages.
frictional unemployment created by efficiency wages.
frictional unemployment created by sectoral shifts.
Business
1 answer:
Tom [10]3 years ago
5 0

Answer:

frictional unemployment created by sectoral shifts.

Explanation:

This unemployment is generated because the information between vacancies for the labor force is imperfect. People study and prepare to be dental hygienists or bookbinders without information for the total amount of vacancies that will occur. This frictional unemployment will decrease once the labor force adjust for the demand changes in the jobs. Because the shortage, the salaries for dental hygienists will increase and more people will start studies for dental hygienists. The opposite will occur with the bookbinders job, the decrease in the demand will lower the wages and less people will dive into.

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Fowler Company is a priceminustaker and uses target pricing. Refer to the following​ information: Production volume 602 comma 00
frosja888 [35]

Answer:

The target fixed cost per year for Fowler company is $5,463,000

Explanation:

In this question, we are asked to calculate the target fixed cost for a company assuming that variable costs cannot be reduced and also all units produced are sold.

We start by calculating the revenue generated by the company.

602,000 units were produced and sold at a market price of $30. This means total revenue is;

602,000 * 30 = $18,060,000

We then proceed to subtract the desired operating income from the revenue. From the question, we can identify that the desired operating income is 17% of total asset, with total asset being $13,900,000

Desired operating income = 17/100 * $13,900,000 = $2,363,000

Subtracting desired operating income from recent yields: $18,060,000 - $2,363,000 = $15,697,000

To get the target fixed cost per year, we simply subtract variable cost from the difference.

Summarily, this mathematically means that; target fixed cost per year = Revenue - Desired operating income - variable cost

Variable cost = $17 per 602,000 units per year = 17 * 602,000 = $10,234,000

Target fixed cost per year = $15,697,000 - $10,234,000 = $5,463,000

8 0
3 years ago
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Security Analysts that have evaluated Concordia Corporation, have determined that there is a 15% chance that the firm will gener
dexar [7]

Answer:

3.17

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seropon [69]
Scarcity exists because people's wants for goods and services are greater than the number of products that can be made from available resources
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3 years ago
A market might have an upward-sloping long-run supply curve if:
Elan Coil [88]

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

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d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

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2 years ago
For seven years, Stanford Owens has run a successful practice that helps small businesses file their taxes, become incorporated,
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Answer:

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