Answer:
6.67%
Explanation:
The unemployment rate is computed by dividing the number of unemployed with the total number of people in labor force multiplied with 100. I.e
= ( Unemployed / Total number of people in labor force ) × 100
Given that;
Number of unemployed people = 10 million
Total number of people in labor force = 10million + 40 million = 150million
Therefore,
Unemployment rate = (10/150) × 100
Unemployment rate = 6.67%
A change in demand will cause a shift to the right for increase and left for decrease.
Answer: Discrimination
Explanation:
According to the given question, the discrimination is the term which is used in the unfair and unequal trade of practicing as the people who are in the similar age class and at the same risk but they both are charged different rates for the given insurance policies.
The discrimination is the term which refers to the unequal treatment between two individual people in terms of religion, caste, gender, ethnicity and race. The policy and rules are equal for everyone but due to the discrimination factor it become unequal for each individual person.
Therefore, Discrimination is the correct answer.
Answer:
The firm's Total revenue will increase
Explanation:
Based on the information given we were told that the total revenue is currently an amount of $256.58 which means that If the producer decided to purchase three more units of b3, what would happen to the firm's total revenue is that the firm's TOTAL REVENUE will tend to increase reason been that the firm is selling more and in a situation where the numbers of units sold increase this means that the TOTAL REVENUE will as well increase.
Hence the increases in the price of the product for every single unit sold will lead to increases in TOTAL REVENUE.
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