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konstantin123 [22]
3 years ago
8

why does the unemploymenr rate remain about zero percent during economic expansions? is this a good or bad thing for the economy

? explain
Business
1 answer:
gregori [183]3 years ago
3 0

Answer:

As below

Explanation:

When unemployment is about zero percent, everyone actively searching for a job will be employed. Expansion in the economy means growth in all industries, including manufacturing and services. As the industries grow, they will hire workers to help support growth. Continued growth will lead to the employment of more people, resulting in zero unemployment. Theoretically, it is possible to have zero percent unemployment.

Zero unemployment is bad a thing for the economy because of the following reasons.

  1. At zero employment, wages are likely to rise to a level that would hurt profitability in the economy. Companies will be competing to hire the few available workers. Reduced supply versus high demand will push wages high.
  2. Employment turnover will be very low. Companies will not be able to fire inefficient workers. Finding competent ones to replace them will be difficult. Less competition in the employment sector will make workers less productive.
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Coach's agreement with Lexus to produce automobiles with Coach leather interior is an example of A. co-branding. B. architectura
nikitadnepr [17]

Answer:

CO-BRANDING

Explanation:

Also known as brand partnership, it is a marketing strategy that incorporates multiple brands on a good or service. It involves the brands of at least 2 organisations. Just like the Lexus and coach described above.

8 0
3 years ago
A person starts her own business after quitting a job in which she made $75,000 a year. Expenses include $100,000 for wages and
romanna [79]
Explicit costs are business expenses that are easily identifiable and can be accounted for.

1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000

100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.
5 0
3 years ago
Which of the following goods would you expect to have the largest income elasticity of demand?
mr Goodwill [35]

Answer:

stereo equipment.

hope this helps

6 0
3 years ago
Write down the characteristics which had the highest poverty rate in 2016?
adoni [48]

Answer:

Follows are the solution to this question:

Explanation:

The poverty rate is the proportion of those whose income falls below the poverty line, as well as, the official poverty level of 2016 was 12.7% when half of the median family income for the overall population. Below are the highest poverty level features in 2016:

  • Desire to share exposure to food and clean water.
  • Entry to living standards or jobs is little to no.
  • Conflict.
  • The unfairness.
  • Wretched schooling.
  • The shift in the atmosphere.
  • Transportation deficit.
  • The government's limited capacity.
3 0
3 years ago
Cannon Co. has a unit selling price of $500, variable cost per unit $300, and fixed costs of $240,000. Compute the break-even po
Furkat [3]

Answer:

Break-even point= 1,200 units

Break-even point (dollars)= $600,000

Explanation:

Giving the following information:

Cannon Co. has a unit selling price of $500, variable cost per unit $300, and fixed costs of $240,000.

To calculate the break-even point in units, we need to use the following formula:

Break-even point= fixed costs/ contribution margin

Break-even point= 240,000/ (500 - 300)

Break-even point= 1,200 units

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  240,000/ (200/500)

Break-even point (dollars)= $600,000

8 0
3 years ago
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