1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djverab [1.8K]
3 years ago
11

Mexico can produce vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations

, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to close their farms and their workers lost their jobs. Many of the workers could not find new jobs right away. What type of unemployment describes the workers' situation
Business
1 answer:
VikaD [51]3 years ago
6 0

Answer:

Structural unemployment

Explanation:

From the question we are informed about Mexico which are producing vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to close their farms and their workers lost their jobs. Many of the workers could not find new jobs right away. In this case, the type of unemployment that describes the workers' situation is

Structural unemployment.

Structural unemployment can be regarded as one type of unemployment which is a form of involuntary unemployment that is been causedd as a result of mismatch between the skills that can be offered by workers in the economy

and the skills that is been demanded of workers by their employers, structural unemployment can be regarded as" the skills gap"

You might be interested in
Cosy corner plc case study
frosja888 [35]

Answer: https://www.igcsebusiness.co.uk/uploads/2/6/7/8/26787454/organisation_notes_final.pdf

Explanation:

4 0
2 years ago
Embassy Club Condominium, located on the west coast of Florida, is undertaking a summer renovation of its main building. The pro
Vladimir79 [104]

Find the pictures in attachment

4 0
2 years ago
You are taking a $6,226 loan. You will pay it back in four equal amounts, paid every year, with the first payment occurs at the
Pavlova-9 [17]

Answer:

annual payment = $2,362.88

Explanation:

we must first calculate the future value of the loan at the end of year 4 = $6,226 x (1 + 11%)⁴ = $9,451.51

using the present value of an annuity formula we can determine the annual payment:

annual payment = present value of an annuity / PV annuity factor

  • present value of an annuity = $9,451.51
  • PV annuity factor 11%, 4 periods = 3.1024

annual payment = $9,451.51 / 3.1024 = $2,362.88

4 0
3 years ago
1. A useful characteristic of money is that money
Virty [35]

Answer:

O A. allows us to compare the values of goods and services.

Explanation:

Money has three primary functions which include a medium of exchange, unit of account,  and store of value.

As a unit of account, money is used to give value to other assets. In other words, money provides a medium through which assets and products are valued.  Money is divisible into smaller units which makes its application in valuation easy.

The value of goods and services is expressed in monetary terms.  Buyers and seller, therefore, can determine how much is needed to transact.

5 0
2 years ago
Bob: Listen, donuts are made to bring joy into our lives and to wake up our glazed faculties. Just let them be distributed accor
Masja [62]

Answer:

National law school of thought

Explanation:

The natural law school of thoughts refers to analyze the behavior of humans also it figured out the moral rule occurs from the behaviors.

It is inherent laws that are applied to all societies, communities, etc also it is common for all whether it is mentioned or officially announced

It should be rational and reasonable too

Therefore the given scenario represents the National law school of thought

7 0
3 years ago
Other questions:
  • 5 dimensions of job satisfaction
    7·1 answer
  • JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurcha
    6·1 answer
  • If production volume increases from 16,000 to 20,000 units, a.total variable costs will increase by 25 percent. b.total costs wi
    9·1 answer
  • You are hired as the consultant to a monopolistically competitive firm. The firm reports the following information about its pri
    7·1 answer
  • A new assessment tool does a good job of differentiating those who later will be depressed and those who will not be depressed,
    10·1 answer
  • Does anyone else like tyler, the creator or is it just me ..?
    14·1 answer
  • Define the word buffer in entrepreneurship ( business ) form .
    10·1 answer
  • Emma worked the following schedule:
    9·1 answer
  • Suppose that if your income is $100,000, your tax is $20,000, but if your income is $200,000, your tax is $45,000. Such a tax is
    11·1 answer
  • What might cause a demand curve to shift to the right?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!