BUSINESS HIGH SCHOOL

John is a stockbroker. He has had several job offers, but he has turned them down because he thinks he can find a firm that better matches his tastes and skills. Curtis has looked for work as an accountant for some time. While the demand for accountants doesn't appear to be falling, there seems to be more people applying than jobs available:_________a. John and Curtis are both frictionally unemployed.
b. John and Curtis are both structurally unemployed.
c. John is frictionally unemployed, and Curtis is structurally unemployed.
d. John is structurally unemployed, and Curtis is frictionally unemployed.

Answers

Answer 1
Answer:

Answer: John is frictionally unemployed, and Curtis is structurally unemployed.

Explanation:

John is frictionally unemployed because he is in the process of moving from one job to another and there is a high possibility he would secure his desired job, while Curtis is structurally unemployed because of the general unavailability of accounting jobs.

Related Questions

Janice really likes potatoes. Potatoes cost $1 per pound, and she has $5.00 that she could possibly spend on potatoes or other items. Suppose she feels that the first pound of potatoes is worth $1.50, the second pound is worth $1.14, the third pound is worth $1.05, and all subsequent pounds are worth $0.30.a. How many pounds of potatoes will she purchase?b. What if she only had $2 to spend?Explanation:_______a. Janice will purchase potatoes until the value of potatoes is less than the cost of potatoes or until her income has been exhausted. For example, assume Janice has $5.00 to spend on potatoes or other items and the cost of a pound of potatoes is $1. Now assume the first pound of potatoes is worth $1.50 to Janice. She will purchase this pound of potatoes, since the value of the pound of potatoes ($1.50) is greater than the cost ($1). If the second pound is worth $1.14 and the third pound is worth $1.05, then Janice will purchase these as well, since the value exceeds the cost of $1. If all remaining pounds are worth $0.30, then Janice will not purchase these because the value is less than the cost. Thus, Janice will purchase 3 pounds of potatoes at a total cost of $3.00.b. Now assume Janice only has $2.00 to spend on potatoes. She will purchase the first pound because it is worth $1.50 to her and it only costs $1. She will purchase the second pound because it is worth $1.14. She has now spent her entire income on potatoes. She would like to purchase the third pound because the value of this pound of potatoes is $1.05, but she does not have the income to make this purchase. Thus, Janice will purchase 2 pounds of potatoes at a total cost of $2.00.
A woman held fee simple title to a vacant lot adjacent to a business. She was persuaded to make the lot available to the business. She had her attorney prepare a deed that conveyed ownership of the lot to the business "so long as it is used for commercial purposes." After the completion of the gift, the business will own a:___________.a. life estate.b. tenancy for years.c. periodic tenancy.d. determinable fee estate.
Describe the symbolism in the cartoon.Explain what is the author’s message.
Any given demand or supply curve is based on the ceteris paribus assumption that ___________________. Group of answer choices When economists talk about supply, they are referring to a relationship between price received for each unit sold and the _________________.
PinBall Inc. sought the help of Blazer Corp. to help them reach a niche group of vendors that they have been trying to do business with. Blazer offers the solution of publishing an advertisement in a trade journal which would help create awareness about the firm's product. In this scenario, Blazer Corp. specializes in _____.

The personnel department of Credit Counselors is preparing annual reports on employee benefits. Vincent Tucker's gross annual salary is $36,500. His benefits total $10,079.71. What percent of his annual salary are Vincent's total annual benefits?

Answers

Answer:

The percent of his annual salary which are total annual benefits is 27.62%

Explanation:

The value of annual benefits as a percentage of gross annual salary can be calculated by taking the value of annual benefits and dividing it by the gross annual salary.

Percentage = Annual benefits / Gross annual salary

Percentage = 10079.71 / 36500

Percentage = 0.276156 or 27.6156% rounded off to 27.62%

The 2016 financial statements of BNSF Railway Company report total revenues of $19,829 million, accounts receivable of $1,272 million for 2016 and $1,198 million for 2015. The company’s accounts receivable turnover for the year is: Select one: A. 17.0 times B. 8.9 times C. 16.1 times D. 17.9 times E. None of the above

Answers

Answer:

C. 16.1 times

Explanation:

Accounts receivable turnover ratio  = Credit sales ÷ average accounts receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($1,198 + $1,272) ÷ 2

= $1,235 million

And, the net credit sale is $ 19,829 million  

Now put these values to the above formula  

So, the answer would be equal to  

= $19,829 million ÷ $1,235 million

= 16.1 times

Cindy wishes to arrange her coins into $X$ piles, each consisting of the same number of coins, $Y$. Each pile will have more than one coin and no pile will have all the coins. If there are 13 possible values for $Y$ given all of the restrictions, what is the smallest number of coins she could have?

Answers

Answer:

144

Explanation:

Final answer:

To find the smallest number of coins Cindy could have with 13 possible divisors, we use prime factorization. The smallest total will be 2 raised to the 12th power, which is 4096.

Explanation:

The question refers to the concept of divisors in mathematics. The number $Y$, as the number of coins in each pile, takes the role of a divisor on the total number of coins. The problem specifies 13 possible values for $Y$, meaning that the smallest number of coins Cindy could have is the least number with 13 divisors.

Prime factorization can help solve this problem. The number of divisors a number has depends on its prime factors. For a number to have 13 divisors, its prime factorization needs to take a certain form. Since 13 is a prime number, one form it could take is that of a prime number raised to the 12th power (since the formula to calculate divisors is to add 1 to the powers of the prime factors and multiply the results).

The smallest possible number Cindy could have is therefore 2¹², which equals 4096.

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Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. This demonstrates that Barnes and Noble lacked:________. A. a short-term strategy.
B. a company-wide strategy.
C. a sustainable competitive advantage.
D. good suppliers.

Answers

Answer:

C. a sustainable competitive advantage.

Explanation:

Based on the information provided within the question it can be said that this demonstrates that Barnes and Noble lacked a sustainable competitive advantage. This term refers to a condition that allows a company to be in a superior business position within a market. Which, since they had to lost market share to Amazon and had to offer them a product it means they lost their competitive advantage to them.

Bob is training for a triathlon, a timed race that combines swimming, biking, and running.Consider the following sentence: Bob has only 20 hours this week that she can devote to training. Each hour she spends swimming is an hour that she can't spend biking or running.Which basic principle of individual choice do these statements best illustrate?A. Bob can use time most efficiently by spending the same amounts of time on swimming, biking, and running.B. People face trade-offsC. People usually exploit opportunities to make themselves better off.D. Bob has an incentive to spend more time on swimming than on biking or running.

Answers

As bob is training for the triathlon, he has 20 hours to the week and spends those in swimming and thus cant spend in biking and running. As far as the basics of bob is concerned with a trade-off.

  • That is opportunity that is need to be traded with another for the same amount f time. Hence the option B is correct, trade-offs

Learn more about the biking, and running. Consider the following.

]brainly.com/question/20713759.

Answer:

B) People face trade-offs

Explanation:

A trade-off happens when you have to balance two (or three in this case) opposing situations. In economics all resources are scarce, and time is the only resource that everyone shares equally. Bob is facing opportunity costs, i.e. if he chooses to train one activity he cannot train the other.

Bob has to decide how to divide the time he can spend training. If he chooses running, he can´t swim or ride a bike. So he has to balance the time spent on each activity, probably depending on which sport he needs to train the most.

As the price of tickets rises from $250 to $300, the price elasticity of demand for business travelers is , and the price elasticity of demand for vacationers is , using the midpoint method. Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price.

Answers

Answer:

Price             Quantity demanded                   Quantity demanded

                     business travelers                      vacationers

$150                 2,100                                            1,000

$200                2,000                                             800

$250                1,900                                              600

$300                1,800                                              400

using the midpoint method:

  • price elasticity of demand for business travelers = {(1,900 - 1,800) / [(1,900 + 1,800) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (100 / 1,850) / (-50 / 275) = 0.054 / -0.182 = -0.3

  • price elasticity of demand for vacationers = {(600 - 400) / [(600 + 400) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (200 / 500) / (-50 / 275) = 0.6 / -0.182 = -3.3

Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price? FALSE, the demand for airline tickets for vacationers is elastic because vacationers are very sensitive to the changes in price, while business travelers aren't.

Final answer:

The price elasticity of demand measures responsiveness to price changes. Vacationers have elastic demand for airline tickets, while the elasticity of demand for business travelers is not mentioned. Business travelers are sensitive to changes in price.

Explanation:

The price elasticity of demand measures how responsive the quantity demanded is to changes in price. If the price elasticity of demand is greater than 1, it indicates that the demand is elastic and consumers are sensitive to price changes. If the price elasticity of demand is less than 1, it indicates that the demand is inelastic and consumers are less sensitive to price changes.

In this case, since the demand for airline tickets is elastic for vacationers, a price increase from $250 to $300 would result in a larger percentage decrease in the quantity demanded. On the other hand, the demand for airline tickets is not mentioned for business travelers, so we cannot determine its elasticity. However, the statement suggests that business travelers are sensitive to changes in price.

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