The correct answer is structural.
In structural unemployment, many people lose their jobs because their jobs have become obsolete and therefore they cannot do anything useful for the community.
Answer: She is not.
Explanation:
It would seem as though that Mary got into a type of contract known as an Option Contract or more precisely, a Call Option Contract simply called a Call.
In this type on contract, a seller gives a buyer the right to buy a good or service at a certain price within a set period.
Mary agreed to sell the rare Chinese Art for a certain amount which Mike could not pay but she promised to give him 3 weeks to take it within which he can pay and collect the item.
Mike returned in 2 weeks which was within the range of time allowed and so she should have kept the offer open for the time she said she would.
She is wrong to believe that all she owes him is his down payment. She broke a contract.
Answer:
When a price ceiling is imposed (or any price ceiling at all), the only way that it doesn't affect the economy is that the price set was actually equal to or higher than the equilibrium price of the market.
I suppose that since an oil embargo was put in place, the quantity supplied of gasoline would decrease severely affecting the equilibrium price and increasing it. Once the equilibrium price is higher than the price ceiling, then its negative effects will be noticed (e.g. deadweight loss).
Answer:Tran,
It was wise of you to capitalize your knowledge of Asian food and specialize in familiar dishes. Viet-Wah is indeed unique because it specializes in Vietnamese, Thai, and Chinese food. It helps that these cuisines enjoy widespread popularity.
Being an established and popular store, Viet-Wah surely has plenty of loyal customers. However, the new generation of customers is quite different from the older generation. Catering to this generation of customers could pose challenges. First, customers today expect businesses to have an online presence and to provide amenities such as free delivery, online delivery, online discounts, and so on. You could face competition from businesses with smarter online strategies. However, your daughter Leeching is more in tune with the younger generation. She knows the importance of social media and is therefore a big asset for Viet-Wah. Second, the new generation of customers wants food that is healthy, delicious, and easy to cook. It may be challenging to find products that can fulfill all three criteria.
To prepare for the future, I think you would benefit by turning Viet-Wah into an LLC and adding Leeching as a partner. Viet-Wah will not be a separate tax entity, so paying taxes won’t be complicated. More important, your personal assets would be protected from liabilities. You could incorporate the business instead, but incorporating would entail high costs and a lot of recordkeeping and paperwork. Therefore, incorporating would make sense only if you intend to expand the business on a very large scale.
Explanation: Plato answer