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eduard
3 years ago
15

Which of the following is true about firms exiting the competitive market for soybeans

Business
1 answer:
jolli1 [7]3 years ago
4 0

Answer: they are in very high demand

Explanation:

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Using a neoclassical model, what will the level of cyclical unemployment be when an economy is producing at potential GDP?
MakcuM [25]

Answer:

<em>Zero</em>

Explanation:

There are three(3) types of unemployment recognized by economists;

<em>Structural unemployment:</em> This occurs where innovation and technological improvement render workers unemployable because their is a mismatch between the available jobs and the skills possessed by willing workers. For example, the introduction of online classes might  reduce the number of teachers needed by a school.

<em>Frictional unemployment:</em> This is used to describe the number of people looking for jobs because they are transiting from one job to another.The addition of the structural and frictional is know as the <em>natural rate of of unemployment.</em>

<em>Cyclical unemployment</em><em>:</em><em> </em>this is caused by fluctuation in real GDP around the potentila GDP. For example, when the real GDP falls significantly for a sustained period of six month. At a time like this, the economy is contracting and it is evident by a negative growth rate in real output, firms do lay off workers because the business climate is not favorable.This is called <em>recession</em>. The cyclical unemployment is the difference between the actual rate of unemployment and natural rate. During recession, the actual is always greater thant the natural; and the balance is cyclical unemployement

<em>Full employment output and cyclical unemployment</em>

The potential GDP is the level of real GDP achieved where an economy has fully employed all of its resources ( land, labour, capital and entrepreneur). It is also called <em>full employment GDP</em>. An economy operating at its potential GDP level will still record some level of unemployment which is known as natural unemployment. And its actual rate of unemployment will be equal to the natural rate.

<em>In other words, at the full employment output  level, the actual rate of unemployment is the same the natural rate of unemployement. So there is zero cyclical unemployment rate</em>

8 0
3 years ago
Philosophers of ethics often contend that the argument that codes should provide action recipes for all situations neglects the
Gennadij [26K]

Answer:

d. codes empower and protect those who are committed to doing the right thing

Explanation:

The ethics philosophers contend that code provides the action for all types of situation neglects that the codes empower and protect them that are engaged for doing the right thing here right thing means the things should be done in an ethical way and in correct way

So as per the given situation the option d is correct

And, the rest of the options are wrong

6 0
3 years ago
Cho plans to manage the business, which means that she will have to quit her current job. Suppose that the interest rate (or rat
Masja [62]

$66,000 investments in the economy is 5%.

<h3>What is investments?</h3>

The dedication of an asset to achieve an increase in value over time is referred to as investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort. The goal of investing in finance is to generate a return on the invested asset.

Income investing is an investment strategy that focuses on constructing an investment portfolio that is specifically designed to generate regular income. The income investing strategy's sole goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is basically your financial risk profile that takes into account various factors like age, financial history, circumstances and your investment goals

To know more about investments follow the link:

brainly.com/question/25300925

#SPJ4

5 0
2 years ago
New-product strategy Group of answer choices a. Experimenting with recipes to adjust seasoning and structural integrity b. All-d
Murljashka [212]

Answer:

c. Plans for new manufacturing lines to meet potential demand  

Explanation:

A new product strategy refers to industrial plans for new manufacturing lines that aim to meet potential demand.

These new products aim to satisfy old consumers, with upgrades to their favorite products, or to attract new consumers, through a new manufacturing segment that can even leave the niche that the company is part of.

This is a way for the company to diversify its product offer or meet a rising demand, thus creating greater and complete revenue.

3 0
3 years ago
Read 2 more answers
Foreign exchange​ ________ earn a profit by a bidminusask spread on currencies they purchase and sell. Foreign exchange​ _______
Ronch [10]

Answer:

Dealers ; Brokers

Explanation:

Foreign exchange dealers make money or profit by buying stock at lower price and selling the same at a higher price. They do this by adding a markup on the price of stock bought by them and sell the same to a buyer. The markup serves as profit to dealers.

Foreign exchange brokers act as intermediary between buyers and sellers as traders could execute trades through a brokers only. A broker earns profit in the form of commissions and fees earned on executing each transaction.

7 0
3 years ago
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