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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 "cyclical unemployment".

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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In a given amount of time John can produce either 40 pounds of vegetables or 10 pounds of chicken. In the same amount of time Ge

aleksandrvk [35]

Answer:

Ten pounds of chicken to trade for at least 40 pounds of vegetables but not more than 50 pounds of vegetables

Explanation:

Vegetables Chicken Trade Off Ratio

John 40 10 4:1 (40/10) or 1:0.25 (10/40)

George 25 5 5:1 (25/5) or 1:0.20 (5/25)

John has comparative advantage in Chicken and George has comparative advantage in Veggies because :

John's chicken opportunity cost, in veggies < George (4<5). George's veggies opportunity cost, in chicken < John (0.20<0.25).
George is more (5X) productive in veggies than chicken, than John (4X). John is less unproductive in chicken than veggies (1/4th), compared to George (1/5th).

So, John will sell Chicken to George & George will sell veggies to John. Gains from trade are when each get trade ratio better than their their own trade off ratio.

It implies: John gets >' 4 pounds veggies per chicken pound' and George gets > '0.20 pound chicken per veggie pound'.
Unitary method:- '1chicken : 4veggies' = '10chickens : 40veggies' and '0.20chicken : 1veggie' = '10chickens : 50 veggies' .

7 0

3 years ago

Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The

soldier1979 [14.2K]

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Estimated manufacturing overhead = Rent on factory building + Depreciation on factory equipment + Indirect labor + Production Supervisor's salary

= $15,000 + $8,000 + $12,000 + $15,000

= $50,000

And, the estimated direct labor hours is 20,000

So, the rate is

= $50,000 ÷ 20,000

= $2.5 per direct labor-hour

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3 years ago

) The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 e

Firdavs [7]

Answer: um... Imma say 6 i guess i don't really know

Explanation:

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3 years ago

Country A has 1500 units of labor and can produce two goods, mufactures and food. A’s producers take 5 units of labor to produce

Genrish500 [490]

A tradinng is more effective

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3 years ago

If a company uses a predetermined rate for absorbing manufacturing overhead, the volume variance is the: Group of answer choices

Mama L [17]

Answer: c. Difference in budgeted costs and actual costs of fixed overhead items.

Explanation:

If a company uses a Predetermined rate for Manufacturing Overhead this means that they have budgeted a certain cost of overhead that they believe will be sufficient for production. This is usually possible for fixed overhead items.

The Variance therefore would be the difference between this budgeted figure and the actual figure for the fixed Overhead items.

7 0

3 years ago