Answer:
The correct answer is (C) only frictional unemployment exists.
Explanation:
The unemployment rate is considered natural and refers to this term in a certain way because there are workers who change jobs for professional aspirations or for the improvement of the quality of life, due to its proximity to the new workplace and the remoteness of the previous one. Even when there is full employment there are certain unemployed people, it is what is known as frictional unemployment, since workers need time to find the right job.
Answer:
B. work motivation is a function of a wide variety of factors,Including pay,social relationships,meaning interests, and attitudes
Answer:
Standard Hours Standard Rate per Hour Standard Cost
24 minutes (0.4 hrs.) $5.40 $2.16
During August, 8,390 hours of direct labor time were needed to make 19,600 units of the Jogging Mate. The direct labor cost totaled $43,628 for the month.
1. What is the standard labor-hours allowed (SH) to makes 19,600 Jogging Mates?
- 19,600 jogging mates x 0.4 hours = 7,840 hours
2. What is the standard labor cost allowed (SH × SR) to make 19,600 Jogging Mates?
- 7,840 hours x $5.40 = $42,336
3. What is the labor spending variance?
- labor spending variance = standard cost - actual cost = $42,336 - $43,628 = $1,292 unfavorable
4. What is the labor rate variance and the labor efficiency variance?
- labor rate variance = (standard rate - actual rate) x actual hours = ([$5.40 - ($43,628/8,390 hours)] x 8,390 hours = ($5.40 - $5.20) x 8,390 hours = $0.20 x 8,390 = $1,678 favorable
- labor efficiency variance = (standard hours - actual hours) x actual rate = (7,840 hours - 8,390 hours) x $5.20 = -550 hours x $5.20 = -$2,860 unfavorable
Answer: See explanation
Explanation:
Based on the information that was provided in the question, Pablo’s case with regards to the scenario given will be regarded as a civil case due to the fact that Drew is being sued.
The Federal court will be the court where the case will hold. This is due to the fact that the parties involved are from different states. While Pablo is from New Mexico, Drew is from California. For speeding, a criminal case can also be brought against Drew.
Answer:
The argument that the higher courts had decided the cases of similar facts and circumstance in such a way that he can expect that the court rules in his company's favor is a valid argument. The argument is based on the doctrine of stare decisions. The meaning of the doctrine stare decisions is to stand on decided cases. It is a common practice to decide the case based on the former decisions of the judicial systems. It is a set principle that if the court of higher rank has set a precedent then lower court must adhere to it. Therefore, this argument is a valid argument.
The courts are bound to follow the rule set by its higher authority. However, it is not always necessary to obligate its precedents and sometimes, the court can depart from this rule. This could be done only in the circumstances where it is found that the precedent is simply incorrect or due to social changes or technological changes made the precedent inapplicable. Therefore, the court in this case can not necessarily be ruled as the other courts had done.