1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Paladinen [302]
3 years ago
7

In March 2007March 2007​, the U.S. unemployment rate was 4.44.4 percent. In August 2008 August 2008​, the unemployment rate was

6.16.1 percent. Predict what happened to unemployment between March 2007March 2007 and August 2008 August 2008​, if the labor force was constan
Business
1 answer:
eimsori [14]3 years ago
7 0

Answer:

A Recession happened.

Explanation:

When the market sees a recession we see an increase in the unemployment rate due to cyclical unemployment whenever there in a business cycle even though the labor force was constant but in a recession companies face a lot of costs which become higher than their revenue so for example when there is a recession the cost of producing 1 more unit is actually higher than the revenue a firm gets from producing that 1 unit because marginal cost increases at a decreasing rate so they have to lay off people at a firm on that unit of production to maximize revenues.

You might be interested in
g The company plans a 4-for-1 stock split. How many shares will you own and what will the share price be after the stock split?
Nata [24]

Answer: 14,400; $17

Explanation:

Stock splits are a strategy by firms to increase the liquidity of their shares especially when they are trading at a high price. The firm divides the stock by a certain number thus increasing the number of shares by the multiple of the number. This action will divide the price of the stock and thus allow for more trade as they are cheaper.

A 4-for- stock split means that each share will become 4.

Your total number of share will become;

= 4 * 3,600

= 14,400 shares

The new price will be;

= 68/4

= $17 per share

7 0
2 years ago
Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hou
Masteriza [31]

Answer:

The incremental cost is ($10,360)

Explanation:

<u>Analysis of total cost over the 5 year period</u>

                                                      Retain Old Machine   Buy New Machine

<em>Variable / Incremental Operating</em>

<em>Costs</em>

Old Machine                                          124,750    

New Machine                                                                              97,800

<em>Old Machine Book Value</em>

Retain: Annual depreciation                    8,430                      

Buy : Lump sum written off                                                         8,430

Old Machine Disposal                                                                (8,490)

Purchase Cost of New Machine                                               25,080

Total Cost                                               133,180                       122,820

The use of new machine will result in lower cost for the next 5 years.The incremental cost is ($10,360)

8 0
3 years ago
What account form needs to balance before you can move forward with the Accounting Cycle?
zhannawk [14.2K]

Answer:

Clyde's Well Servicing has the following financial statements. The balance sheet items, profit margin, and dividend payout have maintained the same ...

Explanation:

8 0
1 year ago
I need some help pls
katrin2010 [14]

Answer:

help with what?

Explanation:

6 0
2 years ago
Read 2 more answers
All of the following statements about price are true except a. small changes in price can have big effects on both the number of
MariettaO [177]

<u>Answer:</u>

<em>C. the price for most products and services is always the same.</em>

<em></em>

<u>Explanation:</u>

A price is primarily the task of a numeric incentive to an item. Prices help us to settle on ordinary monetary choices about our needs and wants. Prices are a sign of the popularity of a product; in this manner the more well known the product, the higher the value that can be charged. For instance, on the off chance that you see a table of strap tops available to be purchased, you can securely expect that bridle tops are not prevalent.

3 0
3 years ago
Other questions:
  • Assume that the resort town of Ocean View passed a law imposing an extra tax on boardwalk food businesses that used plastic cups
    7·1 answer
  • A general partner is responsible for any debts of the partnership, regardless of whether he or she was directly involved in the
    8·1 answer
  • Donald Gilmore has $100,000 invested in a 2-stock portfolio. $72,500 is invested in Stock X and the remainder is invested in Sto
    15·1 answer
  • When you hire an employee, he or she must complete Form I-9. This form
    7·1 answer
  • The author of the excerpt, Frederick Lynch, claims that even though AARP has been successful in blocking efforts to ___( privati
    5·1 answer
  • Suppose Company A places an order with Company B on May 12. On May 14, Company B ships the ordered goods to Company A with terms
    5·1 answer
  • A project is expected to generate annual revenues of $129,300, with variable costs of $72,400, and fixed costs of $18,900. The a
    5·1 answer
  • The risk-free rate is 3%. MCD currently prices at $25. The Delta of a 1-year at-the-money European call on MCD is 0.5. John has
    7·1 answer
  • Need help on econ please and thank you
    11·1 answer
  • Increasing the amount of insurance coverage on your vehicle is part of which phase of risk management?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!