All categories

3 years ago

Unions contribute to

Business

1 answer:

Len [333]3 years ago

5 0

Answer:

The correct answer is D: neither frictional nor structural unemployment

Explanation:

Structural unemployment is a form of unemployment where, at a given wage, the quantity of labor supplied exceeds the quantity of labor demanded because there is a fundamental mismatch between the number of people who want to work and the number of available jobs. It is generally considered to be one of the “permanent” types of unemployment, where improvement if possible, will only occur in the long run.

Structural unemployment is a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. The unemployed workers may lack the skills needed for the jobs, or they may not live in the part of the country or world where the jobs are available. Structural unemployment can last for decades and may need radical change to redress the situation.

There is not a direct link between unions and structural unemployment. The main causes are economy shifts, lack of preparation, competiton (for example, factories moving overseas), government policy, technology shifts, etc.

Frictional unemployment is the time period between jobs when a worker is searching for or transitioning from one job to another. It can be voluntary based on the circumstances of the unemployed individual. Frictional unemployment exists because both jobs and workers are heterogeneous, and a mismatch can result between the characteristics of supply and demand. Such a mismatch can be related to skills, payment, work-time, location, seasonal industries, attitude, taste, and a multitude of other factors.

There is always at least some frictional unemployment in an economy. Economists accept that some frictional unemployment is okay because both potential workers and employers take some time to find the best employee-position match.

There is no direct contribution that unios made to generate or increase frictional unemployment. It causes are found in the description above.

You might be interested in

How you might reorient yourself to your own job

umka2103 [35]

Answer:

well, first I would start off by listening to others. I would also try to get along with anyone who comes in the job. Sometimes, people take the credit of the work you do, so instead of taking it out on others, deal with it yourself. Everyone has different levels of stress, but it is never ok to take yours out on others. |

( this is the funny answer)

I would start by stop clogging stall number 2, I am truly sorry for our poor custodian Edna. Poor, poor Edna. I would also stop using the printer for putting stupid pictures in others offices. The last time I put my butt on the printer, printed it, and put it on Stevens computer. The only thing Steven was able to open was my hairy butt crack.. I'm sorry Steven. So, I am trying, but ya know, life is a working process..

( hope that this made you laugh)

3 0

3 years ago

Method A assumes simple interest over final fractional periods, while Method B assumes simple discount over final fractional per

Marina86 [1]

Answer:

The answer is "1.1"

Explanation:

In the case of a single Interest, the principal value is determined as follows:

$\ I = Prt \\\ A = P + I\\A = P(1+rt) \\\\A = amount \\P= principle\\r = rate\\t= time$

In case of discount:

$D = Mrt \\P = M - D \\P = M(1-rt)\\\\Where, D= discount \\M =\ Maturity \ value \\$

Let income amount = 100, time = 1.5 years, and rate =20 %.

Formula:

A = P(1+rt)

A =P+I

by putting vale in the above formula we get the value that is = 76.92, thus method A will give 76.92 value.

If we calculate discount then the formula is:

P = M(1-rt)

M = 100 rate and time is same as above.

$P = 100(1-0.2 \times 1.5) \\P = 100 \times \frac{70}{100} \\P = 70$

Thus Method B will give the value that is 70

calculating ratio value:

$ratio = \frac{\ method\ A \ value} {\ method \ B \ value}\\\\\Rightarrow ratio = \frac{76.92}{70}\\\\\Rightarrow ratio = \frac{7692}{7000}\\\\\Rightarrow ratio = 1.098 \ \ \ \ or \ \ \ \ 1.$

4 0

3 years ago

Assume for Guatemala that the domestic price of coffee without international trade is higher than the world price of coffee. Thi

Marina CMI [18]

Answer:

other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee.

Explanation:

This question is incomplete. Please check the attached image for a complete question.

A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.

The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.

I hope my answer helps you

3 0

3 years ago

Mkey [24]

The popularity of social media sometimes leads to a new stage in the hierarchy of effects known as advocacy where loyal consumers recommend brands they have adopted.

the question is incomplete .please read below to find the missing content

The popularity of social media sometimes leads to a new stage in the hierarchy of effects known as ________ where loyal consumers recommend brands they have adopted.

Multiple Choice

evaluation

advocacy

preference

interest

repurchase

Advocacy is the activity of individuals or groups aimed at influencing decisions within political, economic, and social institutions. Advocacy Her group, for example, is a non-profit organization dedicated to helping women who have been victims of domestic violence and are afraid to speak up for themselves.

Advocacy includes promoting the interests or causes of someone or a group of people. An advocate is someone who advocates, endorses, or supports a cause or policy. Advocacy is also about helping people find their voice. There are three types of advocacy: self-advocacy, individual advocacy, and system advocacy.

Learn more about advocacy here

brainly.com/question/1086036

#SPJ4

4 0

1 year ago

Pauley Company needs to determine a markup for a new product. Pauley expects to sell 22,000 units and wants a target profit of $

Sever21 [200]

Answer:

variable markup % = 60%

Explanation:

total units sold 22,000

total costs associated with selling the 22,000 units:

variable production costs $18 x 22,000 = $396,000

variable S&A costs $13 x 22,000 = $286,000

fixed overhead = $20,500

fixed S&A = $36,700

total costs = $739,200

total cost per unit = $33.60

selling price = $33.60 + $16 = $49.60

markup percentage = [(sales price - unit cost) / unit cost] x 100

the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%

but since we are going to calculate the markup percentage solely based on variable costs, then:

variable cost per unit = $31

selling price = $49.60

the variable markup % = [49.60 - 31) / 31] x 100 = 60%

8 0

3 years ago