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Yuki888 [10]
2 years ago
11

Here is a quote from the article: "instead, these nonemployed workers tend to be those who have been left behind by the economic

changes of the last generation. their jobs have been replaced by technology or have gone overseas, and they can no longer find work that pays as well." which type of unemployment does this quote describe
Business
1 answer:
AveGali [126]2 years ago
3 0
People that have lost their jobs because of unemployment is in a situation called technological unemployment. Usually, these are tasks are done repeatedly that can be replaced by machines. Companies see it as more efficient and low-cost than hiring people with benefits. 

On the other hand, brain drain happens when workers go abroad to work rather than work in their country because they are not well compensated. 
You might be interested in
Standlar Company makes and sells wireless speakers. The price of the standard model is $360 and its variable expenses are $210.
Vladimir79 [104]

Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100

<u>Explanation:</u>

1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?

total contribution margin  =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1)  = $3,000

2.Refer to Figure, What is the number of standard models sold at break even.

break even units  =Fixed cost divide contribution margin per package

= $300,000 divide $3000  =100 package  standard models sold at break even=100 package multiply 8 = 800

2.Refer to Figure, What is the number of deluxe models sold at break even.

break even units

=Fixed cost divide contribution margin per package  = $300,000 divide $3000

=100 package  deluxe models sold at break even = 100 package multiply 4

6 0
2 years ago
A marketing consultant, Sofia, has been studying the effect of increasing advertising spending on product sales. Sofia conducts
UkoKoshka [18]

No, because 100,000 is much greater than the values used in the experiment

Explanation:

The advertisement budget is an estimation of the company's commercial spending for a specified amount of time. More specifically, it is the capital that a organisation is able to put aside to accomplish its marketing goals.

In developing an advertisement budget, a corporation must balance the importance of the promotional dollar against the value of the dollar as known revenue.

Better promotional budgets — and campaigns — focus on consumers' desires and address their challenges, not on business concerns such as overstock elimination.

5 0
2 years ago
A computerized inventory system that simulates needed materials requirements for the finishedâ product, and then compares produc
lord [1]
A computerized inventory system that simulates needed materials requirements for the finished a product, and then compares production needs to available inventory balances to determine when orders should be placed is the ________.

<span>materials requirement planning system</span>

7 0
2 years ago
Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9
deff fn [24]

Answer:

The workings are done below;

Explanation:

                                                                   20Y8                               20Y9

a.Accounts Receivable Turnover         *11.8                                      **13.4

(Net Sales/Average Receivables)

*(6,726,000/((600,000+540,000)/2)  

**(7,906,000/((580,000+600,000)/2)    

b. Days' sales in receivables                  ***30.9                             ****27

(Average Receivables/Net Sales)*365  

***(((600,000+540,000)/2)/6,726,000)*365  

****(((580,000+600,000)/2)/7,906,000)*365      

c. The 20Y9 accounts receivable turnover ratio and days' sales in receivables are better as compared to 20Y8 because it takes 27days in 20Y9 as compared to 30 days in 20Y8.Both ratios of 20Y9 are lower than 20Y8

3 0
2 years ago
Consider two perfectly negatively correlated risky securities, K and L. K has an expected rate of return of 13% and a standard d
mihalych1998 [28]

Answer:

risk free rate of return is  = 11.37 %

Explanation:

given data

K expected rate of return = 13%

K standard deviation = 19%  = 0.19

L expected rate of return = 10%

L standard deviation = 16% = 0.16

to find out

risk-free portfolio rate of return

solution

first we find here weight of each portfolio

weight of K = \frac{L standard deviation}{K standard deviation+ L standard deviation}      ..................1

weight of K = \frac{0.16}{0.19+0.16}

weight of K = 0.4571 = 45.71%

and

weight of L = 1 - 0.4571

weight of L = 0.5428 = 54.28 %

so that

risk free rate will be here

risk free rate = ( weight of K × K expected rate of return  ) + ( weight of L + L expected rate of return  )    ..........................2

risk free rate = ( 45.71 % × 13 % ) + ( 54.28 % + 10% )

risk free rate = 11.37 %

4 0
2 years ago
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