Answer:
$3
Explanation:
Producer surplus is the difference between the minimum acceptable price a producer is willing to receive for his product and the price he sells the product.
Producer surplus = $18 - $15 = $3
I hope my answer helps you
Answer:
Unemployment rate= 2.78%
Explanation:
Giving the following information:
40 million are in the labor force
36 million are employed
2 million are classified as unable to work
1 million are classified as unwilling to work
The unemployment rate is calculated using the population that is employed and the population actively looking for work.
Therefore:
active population= 40 - 2 - 1= 37
Employed= 36
Unemployment rate= unemployed people/ active population or labor force
Unemployment rate= (1,000,000/36,000,000)*100= 2.78%
Employment law affects every aspect of the workplace. It determines your rights regarding hiring, wage and benefits, eligibility for overtime pay, discrimination, family and medical leave, termination, and more
Answer:
Explanation:
check the file attached for full explanation