Answer:
B) The productive potential of labor unused today is lost forever.
Explanation:
The greatest difference between labor and the other factors of production is that labor is extremely perishable. In other words, if you do not work one day, that lost labor cannot be recovered. Labor is similar to services in a way that they cannot be stored or accumulated, nor they can be postponed. But that doesn't mean that all unemployment is negative. Cyclical unemployment is always negative, but if the unemployment rate is below the natural rate, then it means that the economy is overheated. A low unemployment rate is always healthy, e.g. 3.5-4.5%.
Other factors of production can be accumulated, e.g. you can store fuel.
Answer:
The $86,870 is correct answer.
Explanation:
Annual payments for finance lease = 20000-3000 = $17000
Annual payments 17000
X Present value factor of annuity due (12%) 5.11
Right- of-use asset = 17000 * 5.11= 86870
$86,870 is correct
Answer:
Here is a sample of the most common marginalized groups:
GLBT.
Senior citizens.
Racial/Cultural minorities.
Military Combat Veterans.
Persons of below average intelligence.
Hearing, visually, and Physically Challenged Persons.
Persons with a serious and Persistent Mental Illness (SPMI)
Persons with Cognitive Impairments.
A 15 percent increase in the price will result in 18% decrease in quantity demanded.
What is Price Elasticity Of Demand?
Price elasticity of demand is defined as the the change in the rate of consumption of a particular product with respect to the change in its price. It is given as is the ratio of the percentage change in the quantity demanded of a product to the percentage change in price.
Simply put;
Price elasticity of demand = percentage change in quantity demand / percentage change in price
=
; =
We were given that
- Price Elasticity of demand; pEd 1.20
- Increase in the price ; 15%
Plugging in our values, we have that
1.20 =
Percentage change in quantity demanded
=0.18 =18%
Therefore, A 15 percent increase in the price will result to an 18% decrease in quantity demanded.
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