Answer:
Answer D Tequila from Mexico.
Explanation:
Answer:
Option A.
Includes partnering rather than competing with existing distributors
Explanation:
Through internet retailing, a business can partner with other distributors and enlist the products of the distributors on their website along side their products.They can charge a fee for each product sold via their platform, which can serve as additional revenue to the business, without much extra costs. This is because the platform is already available.
This is the business model that companies such as Amazon apply. They enlist products of other businesses on their online platform, sell them and make some profit for themselves.
This is what gives internet retailing a strong appeal.
Answer:
Part 1. Unemployment due to recession is Cyclical Unemployment.
Part 2. Mushashi recently lost her job because of Structural Unemployment.
Part 3. Rina is unemployed due to Frictional unemployment in the economy.
Explanation:
Part 1. A cyclical unemployment is the unemployment for a specific time duration and is inevitable due to serious issues across the country. Like nowadays, countries are suffering from great recession of all times recorded due to Corona-virus pandemic. One can assume that we will get rid of it sooner, so it is cyclical.
Part 2. Musashi is unemployed due to lower jobs demand of the skills that she possesses in the economy. Such type of unemployment that resulted because of the changes in the demand of the skills required is often referred to as structural unemployment.
Part 3. The frictional unemployment is the type of unemployment which exists in every economy because it occurs due to the process of employees shifting to other jobs by moving from one to another which is the case of Rina. She is now trying to shift to full-time position as she has graduated from college.
Answer:
B. the unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Explanation:
The economic situation whereby the distribution of goods and services in the free market becomes inefficient is known as Market Failure. It is the phenomenon in which price system fails to account for all the costs and benefits necessary to provide and consume a good or service. It occurs when the unrestrained market economy leads to too few or too many resources going to a specific economic activity. It also occurs when there is a state of disequilibrium in the market due to market distortion.
Given that after the financial crises the number of people who lost their jobs is 1 million and that of people remained employed was 35 million, then the unemployment rate will be:
(Number of people who are employed)/(Number of people who are unemployed)
=(1000000)/(35000000)
=0.029
=2.9%
The unemployment rate is 2.9%<span />