Answer:
Consider the following explanation
Explanation:
1. Option C.
Structural unemployment is a type of unemployment which occurs naturally when the economy shifts in time.
This forces certain job skills to become obsolete, due to which mismatch of skills and the jobs available in the economy.
Many workers are also laid off as their jobs no longer match their current skills.
2. Option D.
A laffer curve is a curve which shows a relationship between the taxes imposed within an economy and the tax revenues collected from the imposed taxes.
Above the optimal tax rate, a reduction in tax rates along the downward sloping portion of the laffer curve would increase the tax revenue's.
Answer:
A). to track monthly changes in prices paid by urban consumers.
Explanation:
CPI(Consumer Price Index) is characterized as 'a statistical estimate of the price level of goods and services bought by consumers for consumption purposes by the households.' It primarily aims to estimate the change or swap in the prices of the weighted average price of the common basket(consumption goods, as well as, services that the consumers pay for). It is calculated using the formula;
where,
= current Consumer Price Index
= Current price basket
= Cost of price basket in the base year
It assists in deducing whether the average prices have received a fall or rise and determines inflation or deflation. Thus, <u>option A</u> is the correct answer.
Answer:
2,575,0000
Explanation:
The Fixed cost will remain fixed i.e : $12500000.
The variable cost is $1000 per student and the projected enrollment is 1500 students, hence the total variable cost is: 1000*1500 = $1500000.
The tuition fee is $8000 per student and projected enrollment is 1500 students, hence the total tuition fee will be: 8000*1500 = $12000000.
Hence the total cost is : 12500000+1500000+12000000 = 26000000.
The College received grants equalled to = 250000.
Hence the required amount is = 26000000-250000 = 25750000.
Hope this Helps
Thank You.
Answer:
c. The firms reach the monopoly outcome.
Explanation:
The oligopoly is a market structure with a small number of competitors that have all of most if not all of the sales in an industry. According to Nash theory, the equilibrium is reached when each competitor is doing the best it can given what its competitors are doing and have no incentive to deviate (acting all together as a monopoly).
