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USPshnik [31]
3 years ago
12

Robert just found out that he is going to be unemployed within a month because his factory has invested in a robotic factory lin

e and his skills are no longer needed. This means that Robert is .
Business
1 answer:
castortr0y [4]3 years ago
6 0

Answer:

Structurally unemployed.

Explanation:

This form of unemployment in many cases has targeted its explanation towards the shift of the nations economy. This is seen to be true even though other factors affect it just like the scenario seen above for Robert. Roberts case shows that scientific and technological advancement can bring about this form of unemployment as it explains that robots will have to take over the jobs in the working environs for the time they will be away.

This will be also seen for a an analyst who has failed to acquire a form of proficiency in programming languages too.

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Which of these products or services is likely to have an inelastic supply in the short run?
7nadin3 [17]
This would be a.cargo ships.
7 0
3 years ago
Read 2 more answers
Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are​ sel
zepelin [54]

Answer:

$22,500

Explanation:

Chance of getting low quality car = 50%

Chance of getting high quality car = 50%

Cost of low quality car = $15,000

Cost of high quality car = $30,000

So, Price of the car = 50% of lower quality + 50% of higher quality

= (50% × $15,000) + (50% ×30,000)

=  $7,500 + $15,000

= $22,500

Hence, price of the used car will be $22,500.

3 0
3 years ago
The five-dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca
Radda [10]

Answer:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

We know that if a person stay at home and eat delicious home-cooked then he must use some ingredients to cook food.

Therefore, the opportunity cost of eating the home-cooked meal is five-dollar Burger Joint gift card and the value of ingredients that are use in the home-cooked food.

4 0
2 years ago
The detailed plan that shows the exact end items (i.e., finished products) to be produced in a specific time frame is known as w
Nat2105 [25]

Answer:

Master Production Schedule (MPS)

Explanation:

Master production schedules are plans for individual products to be produced. The plans specify the time a specific product is produced, inventory needs, staffing needs, etc. A master production schedule or MPS will quantify raw materials, processes, and other resources needed to optimize production. (optessa.com)

4 0
2 years ago
Klein Cosmetics has a profit margin of 5.0%, a total assets turnover ratio of 1.5 times, no debt and therefore an equity multipl
Vinil7 [7]

Answer:

A.True

Explanation:

the net profit will drop for 0.05 to 0.045

but the as the equity multiplier increase to 2 this means equity finance 50% of the company thus, the return on equity will be of:

Assets turnover x profit margin = 0.0675

that is the return on assets.

but equity present half the assets thus, the multiplier is 2

return on assets  x equity multiplier = return on equity

0,0675 x 2  = .135 = 13.5%

This makes the statemnt true, the comapny will benefit from taking debt as will increase the return on the stockholders which is the goal for a good management.

4 0
3 years ago
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