Answer: Economies of scale
Explanation:
Economies of scale occurs when there is a reduction in cost as a result of an increase in production. Economies of scale are the cost advantages which a business can exploit through the expansion of its scale of production. The aim of economies of scale is to lower the average costs of production.
When the car manufacturer diversifies his operation by producing pickup trucks and SUVs, there'll be a reduction in the average unit cost of output. This term refers to Economies of scale.
Explanation:
In Marcelle's case she is affected by Cyclical unemployment unemployment which arises when people lose their jobs as a result of <em>market contraction</em> or downturn in aggregate demand in the economy.
Dominic's cause of unemployment is called voluntary unemployment, which occurs when an individual decides to leave his job to seek another job elsewhere. Often times this individuals feel that they may get better compensation or wages in <em>another</em> location.
Francine has just experienced Seasonal unemployment which occurs when an individual is unemployed because the industry in which they work only render services in certain times of the year such as summer or winter.
Beauvoir has been affected by structural unemployment, which happens when an individual becomes unemployed because the company decides to change the structure of it's labor force, eg from manual labor to digitalization of the work environment.
<u>Therefore, all individuals </u><u>except</u><u> Dominic is qualified for unemployment benefits, because Dominic decided to quit his job not due to reasons beyond his control, like a layoff. </u>
Answer:
$220 per month
Explanation:
Property A : Cost per Month = $2,250
Property B: cost per month
Rent : $1,800
Utilities: $150
Area charges $120
Quarterly taxes per. month $400
(1200/300)
Total cost per month <u> $2,470</u>
<u />
The difference will be $2,470 - $2,250 =$220
Its potential benefits seem to be greater than its costs.
Answer: $50400
Explanation:
Based on the information given in the question, it should be noted that Lincoln Company can take full credit due to the fact that the workers work for more than 400 hours
Therefore, the work opportunity credit will be claimed as 40% of the first $6,000 and this will be:
= (40% × $6000) × 21
= $2400 × 21
= $50400
