Answer:
<u>involuntary employment</u>
<u>Explanation:</u>
The Post-Keynesianism view is that effective demand is the main determinant of economic performance.
Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.
For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to <u>involuntary employment.</u>
Answer:
The contribution margin ratio is 35%
Explanation:
The formula for contribution is given below:
Contribution margin = revenue − variable costs.
Contribution margin ratio is given as:
(Sales – variable expenses) ÷ Sales
In this case,contribution is given as 1000*($20-$13), in other words selling price per unit minus variable cost multiplied by number of units sold.
Contribution is $7000
contribution margin ratio =$7000/($20*1000)
=0.35 or 35%
The implies that Hollis Industries makes a contribution of 35% per unit of output sold,hence, the contribution contributes towards covering fixed costs and making profit overall
The impact of war in international trade includes:
- restriction of goods to the countries
- conflict leading to non-agreement on trade
- low or no trade relationship between countries.
<h3>What is an international trade?</h3>
This refers to the economic transactions that are made or took place between countries.
Hence, any military conflict impact on international trade by causing a restriction of goods to the countries, conflict leading to non-agreement on trade, low or no trade relationship between countries etc.
Read more about international trade
<em>brainly.com/question/15115779</em>
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Answer:
$4.50
Explanation:
The sunk cost is the cost that has been incurred and is unrecoverable in the process of taking a financing decision.
If the cost of a coffee cup from a local gas station cost $5.00 and the cost of refill is $0.50, the coffee is the actual element needed and from the refill, it can be estimated that it costs $0.50.
Hence the sunk or unrecoverable cost is the difference between the coffee cup and the refill cost
= $5.00 - $0.50
= $4.50
Answer:
The correct answer is E
Explanation:
Cognitive dissonance is the situation or circumstance which occur or happen when a person or an individual holds two or more ideas, values or beliefs which are contradictory or participates in action which might go against one of the three elements.
So, in this case, the sales person, who made a sales through selling a car to customer, tries to reinforce the fact by asking after 2 weeks, that they made a smart investment. Therefore, he is trying to reduce or decrease the cognitive dissonance.
