Business, 25.11.2021 14:10 heavenwagner
Classify each of the following unemployment situations as either cyclical, frictional, or structural unemployment.
a. Unemployment in Michigan increased as consumer demand for automobiles fell during the Great Recession.
b. A data-entry employee loses his job because it was permanently outsourced to India.
c. Mary graduated from college with an economics degree. She doesn’t have a job yet, but she has six interviews lined up.
d. Michael is temporarily out of work. He quit his job at Citibank to find another job as a financial analyst.
Answers: 1
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Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
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An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?
Answers: 1
Classify each of the following unemployment situations as either cyclical, frictional, or structural...
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