Russell Enterprises acquired a franchise from Michael Incorporated for $300,000. The franchise agreement is for a period of six
1 answer:
You might be interested in
In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.
<h3>What is unemployment?</h3>Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.
Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.
The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.
Learn more about unemployment, here:
#SPJ1
Answer:
b. perfectly inelastic.
Explanation:
A vertical demand curve means that quantity demanded would remain the same no matter the change in price. It means demand is perfectly inelastic.
Perfectly Inelastic demand means that quantity demanded doesn't respond to changes in price.
Demand is unit elastic if a small change in price has a greater effect on the quantity demanded.
Demand is perfectly elastic if quantity demanded falls to zero if there's a changes in price.
Demand is inelastic if a small change in price has little or no effect on quantity demanded.
I hope my answer helps you
