Cannot be determined from the information given.
Answer:
A nation's economic system is the combination of policies, laws, and choices made by its government to establish the systems that determine what goods and services are produced and how they are allocated. Economics is the study of how a society uses scarce resources to produce and distribute goods and services.
All of them are the non-manufacturing business where process costing would most likely be used.
Explanation:
- All are non-manufacturing business which are as follows,
- An auto body shop.
- A furniture repair shop.
- A laboratory that tests water samples for lead A tailoring shop.
- A beauty shop.
- Non-manufacturing business costs refers to those business where it is incurred outside the factory or production unit
- Non-manufacturing costs includes,
- selling expenses
- general expenses
- Selling Expenses
- It is also called as selling and distribution expenses.
- Non-manufacturing expenses have no impact on the production cost of the company due to their period costs.
Answer: structural unemployment
Because the new firm no longer had need of her services, Paulina’s job was eliminated this kind of unemployment is called structural unemployment. This kind of unemployment is involuntary. This means that the person is willing and able to work but cannot find a job and such is the case with Paulina as well. Since her services were filled by someone else, this will be classified under structural unemployment
.
