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arlik [135]
1 year ago
15

Last month Brent lost his job at the auto parts factory because his factory, like many others, relocated to Asia. Brent has been

looking for similar factory jobs in his town, but has found no openings. Brent is best classified as:___________.
A. structurally unemployed.
B. frictionally unemployed.
C. a discouraged worker.
D. out of the labor force.
Business
1 answer:
Aleonysh [2.5K]1 year ago
7 0

Answer:

Structurally unemployed

Explanation:

Structural unemployment occurs due to changes in economic situations, or a mismatch of available jobs and available skills. Structural unemployment takes a long time to resolve as it may involve retraining of individuals.  Advance in technology has contributed most to this form of unemployment as machines and robots are replacing human beings.

For Brent, the employer has shifted to Asia due to economic benefits available there.  Probably, other firms in that industry have relocated, that's why Brent is unable to find another job.  Brent's skills do not match the currently available positions in his town.

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If the price level of what firms produce is rising across an economy, but the costs of production are constant, then:___________
Lerok [7]

Answer:

D. higher profits will induce expanded production.

Explanation:

If the price of a good increases and the cost remains the same ,profits earned would increase.

For example if price of a pen was initially $5 and rose to $7. The cost of making a pen is $3. Total profit would rise from $2 to $4.

According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the. quantity supplied. Therefore, the higher price would attract more producers and production would increase. Existing producers would also increase output.

I hope my answer helps you.

8 0
1 year ago
Russnak Corporation is investigating automating a process by purchasing a new machine for $505,000 that would have a 10 year use
Svetradugi [14.3K]

Answer:

20.1%

Explanation:

The computation of the simple rate of return is shown below;

= (operating cost - depreciation) ÷ (purchase of new machine - scrap value)

= ($145,500  - $50,500) ÷ ($505,000 - $35,000)

= ($94,500) ÷ ($470,000)

= 20.1%

hence, the simple rate of return is 20.1%

The same would be considered and relevant

6 0
1 year ago
Juan purchased shares in ABC company for​ $5,000 three years ago. During these three years he received​ $600 in dividends. He ju
7nadin3 [17]

Answer:

B) –2%

Explanation:

The total return on an investment is calculated by,

Total Return = Capital gains ÷ Initial Investment x 100

First we will have to calculate capital gains of his investment,

He got 600 in dividends and 4,300 after selling the stock against the initial investment of $5,000.

So capital gains,

= 600 + 4,300 - 5,000

= -100

Total Return would be,

= -100 / 5,000 x 100

= -2% is the total return on his investment.

7 0
1 year ago
You would like to know whether silicon will float in mercury and you know that can determine this based on their densities. unfo
kogti [31]
The answer is 1000

Density formula is weight/volume, so the unit should be gram/centimeter^3. To  convert gram/centimeter^3 into kilogram/meter^3, the <span>conversion factors would be:
</span>(gram/centimeter^3) / (kilogram/meter^3)
= (gram/kilogram) /(centimeter^3/meter^3)
<span>= (gram/ 1000gram) / (centimeter^3/ 100^3 centimeter^3)
= (1/1000) / (1 / 100^3)
= 1,000,000/1000= 1,000</span>
6 0
1 year ago
Read 2 more answers
A drought in California destroys many red grapes. As a result of the drought, the consumer surplus in the market for red grapes
Ira Lisetskai [31]

Answer:

B

Explanation:

because if you raise it high enough you can get less people to buy seen it in a lot of places

4 0
1 year ago
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