Answer:
The supply curve will shift to the right.
Explanation:
Whenever there is increase in supply of goods, due to any reasons the supply curve moves to right.
Here, as with the introduction of new technology, the cost of widgets one of the key inputs to the production of whatchamacallits, is reduced,
Accordingly, with the reduction in price of inputs the cost for manufacturers will decrease and they will produce more.
As a result the supply for the product whatchamacallits will increase, and with that the supply curve will move right.
Answer:
c. sunk cost.
Explanation:
Because in short run, fixed cost doesn't changes with output, that is whether we produce or not, we have to pay for it, so it is considered as Sunk cost. Also like Sunk cost, we don't make decisions with fixed costs.
Explanation:
Area = Area of sides + area of semicircle thing
= (2*0.21*0.31) + (2*0.31*0.61) + (0.21*0.61) + ( 3.14*0.105*0.61) + (3.14*0.105*0.105) = 0.872 m^2
Total area = 0.872 *1106 =964.43 m^2
Answer =965 m^2
<u>Explanation:</u>
A. This is the case of Cyclical unemployment here lorraine is just graduated and does not find any job inspite of applying with many of the employers. Here the economic condition of the country is below its full capacity.
B. It is example of potential frictional unemployment as George takes time to move on from current job to a part time job. Frictional unemployment is the time taken to move from one job to another.
C. This is an example of structural and technological unemployment as there is a mismatch between the labor market required skills and the skills of the candidate. Christine has bank teller skills but it is not matched with skills expected by banks.
D. It is called as frictional unemployment where Ricardo is out of job due to lay off by the company. The period between a jobless situation and job is frictional unemployment.
Her children will not inherit any of her assets
