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Sholpan [36]
3 years ago
7

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will ________.

The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will ______. The temporary unemployment resulting from such sectoral shifts in the economy is best described as _______ unemployment.
Business
1 answer:
alekssr [168]3 years ago
5 0

decrease, increase,frictional

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Automatic stabilizers create ________ during recessions from increased government spending on welfare and unemployment insurance
Nadya [2.5K]

Answer:

stimulation ; stabilization

Explanation:

Automatic stabilizers act to stimulate the economy during recessions and stabilize the economy when it becomes overheated

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Bailey Furniture Company has prepared the following flexible budget for April and is in the process of interpreting the variance
Grace [21]

Answer:

See notes below

Explanation:

Rate variance

The rate variance is the  the difference between the standard labor cost of the actual hours paid for and the actual cost.

<em>Possible reasons:</em>

An increase in wage rate

Skilled workers were as against using the unskilled workers planned for

Efficiency variance

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

<em>Possible reasons:</em>

The use of skilled workers who worked faster than the unskilled workers planed for

The workers were trained making them more efficient in saving time

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3 years ago
If you want to give a vendor an incentive to complete work early, which type of contract would you use?Select an answer:a. fixed
uranmaximum [27]

Answer:

The correct answer is letter "A": fixed price.

Explanation:

A fixed price incentive is a type of price that is set based on a reward that will be given only in the case the good or service traded results to be better than expected. It is normally applied when the good or service is delivered to the consumer before so the consumer has the product for extra time with no additional cost.

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According to the Principle of Utility within the ethical theory of Utilitarianism, happiness is an extermely important factor in
Daniel [21]

True.

The Principle of Utility says actions are <u>right </u>when they promote happiness or pleasure, and wrong when they cause unhappiness or pain. So in order to figure out if something is right or wrong you will first have to know if it promotes happiness.

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Question 7 of 10
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Answer:

B. the set of plans for product, price, place, and promotion that the marketer will use

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