Answer: The $4.05 market price
Explanation: Air-tite can buy or sell Hydrol at $4.05. If they decide to accept the order, there has to be a higher return on the use of Hydrol in the return than they would get from selling Hydrol as is.
There may also be an opportunity cost to using the product for this special order if there is an order that would yield higher returns for the use of Hydrol.
The quantity that would remain after making the special order does not have any impact on the decision making process, as they are considering just one order that requires Hydrol.
The purchase price is not relevant as they cannot purchase Hydrol at that price in the present. The total quantity is not relevant either as they have enough for the order.
Answer:
Frictional unemployment occurs when people decided to leave their jobs and look for another or people join the labor force for the first time.
Structural unemployment arises from a situation where there is a mismatch between the skills needed in an economy and the skills possessed by people. Happens a lot when employees need to adapt to new technology.
Cyclical unemployment happens as a result of the economy either growing or shrinking.
a. Andrew recently lost his job as an accountant for a large firm because he only knows how to perform the job using a general ledger (paper and pencil), and has been unwilling to learn how to use newly invented accounting software provided by the company. ⇒ <u>STRUCTURAL UNEMPLOYMENT. </u>
b. Sam recently lost his job as an accountant for a large firm because he only knows how to perform the job a using a general ledger and has been unwilling to learn how to use newly invented accounting software provided by the company. ⇒ <u>STRUCTURAL UNEMPLOYMENT.</u>
c. Teresa just graduated from college and is looking for a full time position with an investment banking firm. ⇒ <u>FRICTIONAL UNEMPLOYMENT. </u>
d. A recent recession has reduced the number visitors to a local theme park. The park has had to lay off many of its employee, including Beth. ⇒ <u>CYCLICAL UNEMPLOYMENT. </u>
Answer:
Excess supply as well as excess demand in market A
Explanation:
Equilibrium price is the price of the market, where the quantity of the goods supplied will be equal to the quantity of the goods demanded by the customers. The equilibrium price is determined by the intersect of the demand and the supply curve.
When the equilibrium price is $24, but the current price is $21, so, at this price, there would be supply and the demand in excess for the customers of the goods exist in the market A.
Answer:
EEOC
Explanation:
The staff probably work for Equal Employment Opportunity Commission (EEOC), an agency designed to analyse the implementation of federals laws. The agency is liable to visit corporations to investigate the discrepancies, and to ensure that the laws are implemented. They enforced the laws, and investigate the complains of the general public regarding employment discrimination.
Answer:
The answer is: $3,289
Explanation:
<u>Date</u> <u>Units </u> <u>Unit price</u> <u>Inventory</u> <u>Average cost</u>
Purchases
Nov. 1 103 units $20 per unit $2,060 $20 per unit
Nov. 5 103 units $22 per unit $4,326 $21 per unit
Nov. 8 53 units $23 per unit $5,545 $21.41 per unit
<u>Nov. 19 30 units $25 per unit $6,295 $21.78 per unit</u>
TOTAL 289 units $21.78 per unit $6,295 $21.78 per unit
Sales
Nov. 16 -138 units $21.78 per unit $3,006 $21.78 per unit
Ending inventory
Nov. 30 151 units $21.78 per unit $3,289 $21.78 per unit
