answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
2 years ago
4

A middle-aged aircraft mechanic is laid off from his job after improved technology (robotics and machine learning) reduces the n

eed for workers. This type of:______
Business
1 answer:
snow_lady [41]2 years ago
5 0

Answer: Structural unemployment

Explanation:

A middle-aged aircraft mechanic is laid off from his job after improved technology (robotics and machine learning) reduces the need for workers. This type of Structural unemployment.

Structural unemployment is an unemployment that occurs when the workers doesn't have the necessary skills which are required for the job and this occurs when there's improvement in technology or when the economy undergoes changes. In this case, their skills become obsolete.

You might be interested in
Suppose that, in an attempt to combat severe unemployment, the government decides to increase the amount of money in circulation
zepelin [54]

Answer:

Increase; higher; more; lower; lower

Explanation:

Expansionary policy is required to combat unemployment in the economy. If the government increases the money supply, the interest rate falls. This causes an increase in investment as lending becomes cheaper. Increase in investment causes an increase in the aggregate demand. Increased demand further causes the price level to rise.  

Increase in prices will motivate producers to produce more. In order to increase output producers will hire more workers. Consequently, the rate of unemployment will fall. We see that at higher inflation unemployment is lower and vice versa. This means that there is a trade-off between inflation and unemployment.

4 0
2 years ago
If cost of goods manufactured is $306,790, beginning work in process inventory, $25,000, and cost to manufacture, $300,000, the
Phantasy [73]
Manufacturing overhead is consists of indirect materials, indirect labor, and other indirect costs. To solve the problem, a portion of manufacturing income statement looks like this:

Direct material -----------------------$90,000
Direct labor ---------------------------$140,000
Manufacturing overhead--------________
Total cost to manufacture         $300,000
Add: Work in process, beg       $  25,000
Less: Work in process, end      $     18,210
Cost of goods manufactures---$ 306,790

So, to solve the (?) in the above format, manufacturing overhead (MO) is derived as follows:

MO = Cost to manufacture - prime cost 
      = $300,000 - ($140,000 + $90,000)
      = $70,000

Thus, manufacturing overhead is $70,000.

8 0
2 years ago
Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay?
olga nikolaevna [1]

Answer:

The question is missing stock quotes which are found in the attached.

The maximum price that Norman Pilbarra will pay to buy 400 shares is $103.8 per share.

Explanation:

Judging from the attached stock quotes,the first 200 shares offered for sale is $103.5 per share while the next 200 shares is at a price of $103.8.

This then means that the maximum price for 200 shares is $103.8.This information is derived from the ask prices not bid prices since ask price is for sale,whereas bid is for purchase.

5 0
2 years ago
When an organization has an annual ceremony to reward the past year’s outstanding employees, this ritual is a manifestation of t
Alinara [238K]

Answer:

Espoused value.

Explanation:

The espoused value can be defined as the values ​​expressed on behalf of the organization. For example, the set of practices and procedures adopted by employees of an organization that provide positive results and value for a company.

Therefore, when an organization holds a ceremony to reward outstanding employees of the year, it is manifesting and promoting in the organizational culture the maintenance of moral conduct and corporate values ​​necessary to maintain and enhance positive standards of conduct to achieve organizational success .

4 0
2 years ago
Balance Sheet
anyanavicka [17]

Answer:

a.  current ratio  = 1.98

b. average collection period = 32.85 days

c.  debt ratio = 35,56%

d. total asset turnover ratio = 1.11 times

e.  operating profit margin  = 47,50%

f.  inventory turnover ratio = 2 times

Explanation:

a.  current ratio

Current ratio  = Current Assets / Current Liabilities

                     = 3,075,000 / 1,550,000

                     = 1.98

b. average collection period.

Average collection period = Accounts Receivable / (Sales / 365)

                                            = 900,000 / (10,000,000 / 365)

                                            = 32.85 days

c.  debt ratio.

Debt ratio = Interest bearing debt / Total Assets × 100

                 = (700,000+2,500,000)/ 9,000,000 × 100

                 = 35,56%

d. total asset turnover ratio.

Total asset turnover ratio = Sales / Total Assets

                                          = 10,000,000 / 9,000,000

                                          = 1.11 times

e.  operating profit margin

Operating profit margin  = Operating Profit / Sales × 100

                                       = (4,550,000+200,000) / 10,000,000 × 100

                                       = 47,50%

f.  inventory turnover ratio

Inventory turnover ratio = Cost of Sales / Inventory

                                        = 3,000,000 / 1,500,000

                                        = 2 times

7 0
2 years ago
Other questions:
  • Susan was conducting a group discussion in her organization. She found that the sales people and the production team had differe
    14·1 answer
  • Chelsea, Inc. uses the job costing method and designates the direct labor hours as the allocation base. In 2016, the total estim
    10·1 answer
  • Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales: Janu
    7·1 answer
  • Antonio tries to limit his risk of overexposure to debt by using a ________________ to store a certain amount of value that he t
    15·1 answer
  • Mary and Ted are discussing starting a new business and are asking themselves a series of questions like, "What is the worst tha
    11·1 answer
  • A project has been assigned a discount rate of 12 percent. If the project starts immediately, it will have an initial cost of $4
    14·1 answer
  • Rainey Enterprises loaned $20,000 to Small Co. on June 1, 2018, for one year at 6 percent interest. Required Show the effects of
    13·1 answer
  • On January 1, 2021, the Consolidated Company purchased 100% of the common stock Avergy Industries for $720,000. On that date, Av
    12·1 answer
  • In a company's standard costing system direct labor-hours are used as the base for applying variable manufacturing overhead cost
    11·1 answer
  • The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Y
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!