Answer:
The correct answer is C. If the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to fall, which will shift the long-run aggregate supply curve to the right
.
Explanation:
Unemployment occurs when there is a greater supply of labor than what is demanded. This means that there are people who seek employment at the regular wage rates, but who are unable to get employment in the open labor market. Unemployment also means that people who actually want to work (and who are unemployed) cannot work with what they are qualified for.
Unemployment is a social problem, and low unemployment and high employment are important in order to develop and maintain a welfare society. For each individual, work is the most important insurance for their own welfare and social inclusion.
If the aforementioned law were approved, and the unemployed began to look for work imminently (even leaving aside some pretensions), many of them would get a job in a shorter time than if this law were not approved, which would decrease the country's unemployment rate.
If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
<h3 /><h3>Total cost</h3>
Using this formula
Total cost = Variable cost + Fixed cost
Where:
Variable cost=(1200×$0.35)=$420
Fixed cost=$10,000
Let plug in the formula
Total cost = (1200×$0.35) +$10,000
Total cost=$420+$10,000
Total cost=$10,420
Inconclusion If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.
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Answer:
1.075
Explanation:
The computation of the profitability index is shown below:
= Net Present value ÷ Required investment
where,
Net Present value
= Annual cash inflows × PVIFA for 8 years at 12%
= $92,000 × 4.9676
= $457,019.2
0
Refer to the PVIFA table
And, the required investment is $425,000
So, the profitability index is
= $457,019.2
0 ÷ $425,000
= 1.075
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