The best way to describe Jamal's unemployment would be <u>Structural</u>
Le Pliage has been successful because of its emphasis on quality and effective marketing mix that applies the 4p's masterfully. This emphasis on quality and core marketing principals are foundational elements of longevity. The Longchamp brand increased trade and had strong brand awareness.
Answer:
With contribution of $1,050 million to fixed costs, The vice president must introduce the computer
Explanation:
Decision on whether or not to introduce a product relies on the variable cost or Relevant costs. The Vice President must only consider the incremental costs incurred as a result of introducing the new product. Incremental Costs are cost that will be incurred only if they decide to produce and introduce. Incremental costs or Revenue are Relevant cost or incomes that are a resulting of deciding to introduce, if the vice president decides not to introduce then all those incremental relevant costs and revenues will be avoided and not incurred. Fixed costs are irrelevant costs and are not a factor in deciding as the decision will depend on the contribution by the new product.
Details DC6900-X
Sales (500,000*$3,900) $1,950,000,000
Variable costs (500,000 *$1,800) -$900,000,000
Contribution $1,050,000,000
<span>increase the prime lending rate and decrease government spending</span>
Answer:
This means that the wage of $12 per hour is the wage in which labor supply (the workers) and labor demand (that is demanded by firms) meet and reach market equilibrium.
If the wage was raised, for example to $13 or $14 per hour, there would be an oversupply of fast food workers, leading to unemployment. And if the wage was lowered, for example to $12 or $11 per hour, there would be a higher demand for workers than the supply, leading to a labor shortage for some fast food restaurants.