Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Janine is an accountant who makes $30,000 a year. Robert is a college student who makes$8,000 a year. All other things equal, who is more likely to stand in a long line to get a cheap concert ticket?
Robert; his opportunity cost is lower
Explanation:
Robert has loss of potential gain from the alternative available, his low income will made him to queue in order to get the concert ticket
Answer:
Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.
Explanation:
A layoff refers to the termination of an employment contract due to a shortage of work. Employers initiate layoffs. They may be a temporary suspension of employment or permanent termination.
Layoffs are not a result of an employee's fault or incompetency. They may be caused by declining revenue, some operations' shutdown, automation of processes, and outsourcing of some services.
Fidel's case was a layoff. There was no work available for him after his department was shutdown.
Answer:
1. 23-24
2. 65+
3. very little teens pay taxes, meaning they dont have a job
4. it is easier for 18+ people to get hired for a job
5. jobs would need to become more readily available for younger people
