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kow [346]
3 years ago
13

Mandy has been temporarily laid off during a recession comma but expects to be rehired when business picks up. Which type of une

mployment is​ this?
a. seasonal unemployment
b. structural unemployment
c. cyclical unemployment
d. frictional unemployment
Business
1 answer:
soldier1979 [14.2K]3 years ago
6 0

Answer:

Seasonal Unemployment.

Explanation:

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Common sense might say that a monopolist would produce more output than a competitive industry facing the same marginal costs. A
Dvinal [7]

<u>Explanation</u>:

Even though a <u>monopolist</u> usually controls the market price of the commodity it may not be producing more because a monopolist overall goal is to achieve profit maximization.

However, producing more output would not be in their best interest despite been the market maker because it will decrease the price of the goods in the market due to over supply, leading to lower profit for them.

3 0
3 years ago
The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that
dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with  the substantial degree of accuracy , is known as multicollinearity or  collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0
3 years ago
You have been hired by the No Hassle Collection Agency to provide economic advice. The owner of the agency tells you that No Has
bearhunter [10]

Answer:

The marginal revenue product has a property known as diminishing marginal return.

The property of diminishing marginal return tells us that theres an amount of input that maximizes revenue, and after this point is reached, additional units of input less addional revenue until diminishing it.

In this example, the Collection Agency is way past the maximum revenue point (located at $34.00 per worker). It needs to lay off employees until it goes from the current $40.00 marginal revenue product, until $34.00 marginal revenue product.

6 0
3 years ago
Mr. i. complained of dacryorrhea and irritation os for about 48 hours after having been assigned to work in the painting divisio
Julli [10]
<span>Mr. i.'s suffered from dacryorrhea, which is excessive tearing from the eye, and irriation os (os=oculus sinister which means left eye in latin) over a 48 hour period. A possible cause of the symptoms may have been from paint fumes, due to being assigned to the painting division of the auto-assembly plant.</span>
5 0
3 years ago
Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all
hammer [34]

Answer:

a. predetermined overhead rate for each activity

initial concept formation  = $3,310 per Project Change

design  = $3 per Square feet

construction oversight  = $1,130 per Month

b. Classification

unit-level activities :

design

batch level activities :

initial concept formation

Product level activities :

design<em> </em>

Facility level activities :

initial concept formation

construction oversight

Explanation:

This question requires application of Activity Based Costing (ABC) method of allocating overheads.

For each overhead a rate is determined as follows :

<em>initial concept formation </em>

Predetermined overhead rate = Overhead Cost / Number of Project Changes

                                                  = $52,960/ 16

                                                  = $3,310 per Project Change

<em>design </em>

Predetermined overhead rate = Overhead Cost / Square feet

                                                  = $420,000/ 140,000

                                                  = $3 per Square feet

<em>construction oversight </em>

Predetermined overhead rate = Overhead Cost / Number of Months

                                                  = $118,650/ 105

                                                  = $1,130 per Month

<em>Classification</em>

The way the activity is to be absorbed in costing determine its classification

5 0
3 years ago
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