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3 years ago

Maria lost her job because the economy is shrinking. This is an example of _____.

Business

2 answers:

kakasveta [241]3 years ago

7 0

It is an example of cyclical unemployment.

I hope this helps!

Eduardwww [97]3 years ago

7 0

Maria lost her job because the economy is shrinking. This is an example of <u>"cyclical unemployment".</u>

Cyclical unemployment is when workers lose their positions in view of downturns in the business cycle. You can tell when the economy decreases by estimating total national output. In the event that the economy contracts for two quarters or more, it's in a recession.

Cyclical unemployment is impermanent. It relies upon the length of the contraction. A normal recession endures around year and a half. A depression can last ten years.

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Coolers Inc., a house appliances manufacturer, has upgraded its technology by making all its appliances work on voice sensors in

Margaret [11]

Answer: The correct answer is "3. platform project".

Explanation: This project is a platform project for Coolers Inc. because the change of voice sensors instead of remote controls or manual operations represents a change of platform for their products in which they have improved their technology.

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3 years ago

Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C

Pavel [41]

Answer:

C : $686

Explanation:

The computation of the cash received amount is shown below:

= (Sale value of merchandise - returned merchandise) × (100 - discount rate)

= ($1,000 - $300) × (100 - 2%)

= $700 × 98%

= $686

Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.

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2 years ago

The assertion that "There is no free lunch" means that:

kati45 [8]

Answer:

The correct answer is option B.

Explanation:

The statement "There is no free lunch" means that no product is made for free. Production of any good or service requires resources. These resources are scarce and have alternative uses. So in order to produce any goods or services limited resources are used and its alternative uses are sacrificed.

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2 years ago

Robert is a technology officer in an Umerian firm and he manages the firm's operations at its facility in Elador. Robert is cons

Zolol [24]

Answer:

B) The high school graduation rate in Elador is higher than in neighboring countries.

Explanation:

The new technology that Robert wants to install at Elador is supposed to improve productivity and reduce labor but if the technology is installed, it may cause unemployment in Elador because of the high rate of high school graduates in Elador.

The high school graduates would have lesser chance of finding employment if the technology that improves productivity and reduces labor is installed. Because machine would replace tasks that humans could have done, there would be no need to employ human labor thereby increasing unemployment rates.

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2 years ago

Read 2 more answers

Under the direct write-off method of accounting for uncollectible accounts Group of answer choices

Temka [501]

Answer:

b.a specific account receivable is decreased for the actual amount of bad debt at the time of write-off.

Explanation:

The journal entry to record the bad debt expense using the write - off method is shown below:

Bad debt expense XXXXX

To Account receivable XXXXX

(Being the bad debt expense is recorded)

So by passing this journal entry we get to know that the bad debt expense should be debited which reflects the actual amount as it increases the expenses while at the same time it reduces the asset account i.e account receivable

Hence, the correct option is b.

7 0

3 years ago