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Pavlova-9 [17]
3 years ago
14

An elevator operator was a common job four decades ago, but few jobs remain today. The unemployment created by the introduction

of automatic elevators is:
Business
1 answer:
Eddi Din [679]3 years ago
3 0

Answer: Structural unemployment

Explanation:

Structural unemployment occurs when the skills needed by the job market are not the skills that unemployed people have.

It usually happens as a result of an improvement in technology because the technology introduced would make the skills that the previous workers had obsolete.

In this scenario, the introduction of more efficient elevators reduced the need for elevator operators so their skills were no longer needed and they became unemployed.

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Leto [7]
The partial year of service is from Januarry to May.

Thus, using straight line mathod, the <span>depreciation expense on the equipment for the year is given by:

\frac{5}{12} \left( \frac{90,000}{3} \right)= \frac{5}{12} (30,000)=\$12,500</span>
8 0
3 years ago
Consider a mutual fund with $200 million in assets at the start of the year and 10 million shares outstanding. The fund invests
inysia [295]

Answer:

At start = $20/share

At end = $21.384

Explanation:

DATA

ASSets at the start = $200m

Outstanding shares = 10m

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12b-1 fees = 1%

A.

Net assets at the start can be calculated by dividing assets at the start by outstanding shares

Net Assets value at start = Assets at start/Outstanding shares

Net Assets value at start = $200m/10m

Net Assets value at start = $20/share

Net Assets value at the end can be calculated by multiplying gain price with 12b-1 fees

Net assets value at the end = Gain Price x (1-12b-1 fees)

Net Assets value at the end = ($20x$1.08) x (1 - 0.01)

Net Assets value at the end = $21.6 x 0.99

Net Assets value at the end = $21.384

3 0
3 years ago
Hedge funds are low risk because they are market-neutral. low risk if they buy Treasury bonds. low risk because they hedge their
erastovalidia [21]

Answer:

Hedge funds are: high risk, even though they may be market-neutral.

6 0
4 years ago
What is the name of the theory that a nation's power is based on its wealth?
valentinak56 [21]
Mercantilism is the name of the theory
3 0
3 years ago
All the following are advantages of ERP systems except: ______
expeople1 [14]

Answer:

All the following are advantages of ERP systems except: ______

c. moderate to low cost

Explanation:

Enterprise resource planning (ERP) integrates the important parts of their businesses and reduces the time and efforts required to do work.  A good ERP system enables teams to focus on revenue-generating tasks by eliminating repetitive tasks.  But, these advantages come at some steep costs, especially in initial infrastructure and continuous maintenance.

8 0
3 years ago
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