Business, 13.11.2019 00:31 elarracadas22

Structural unemployment is sometimes said to result from a mismatch between the job skills that employers want and the job skills that workers have. to explore this idea, consider an economy with two industries: auto manufacturing and aircraft manufacturing. a. if workers in these two industries require similar amounts of training, and if workers at the beginning of their careers could choose which industry to train for, what would you expect to happen to the wages in these two industries? how long would this process take? explain. b. suppose that one day the economy opens itself to international trade and, as a result, starts importing autos and exporting aircraft. what would happen to demand for labor in these two industries? c. suppose that workers in one industry cannot be quickly retrained for the other. how would these shifts in demand affect equilibrium wages both in the short run and in the long run? d. if for some reason wages fail to adjust to the new equilibrium levels, what would occur?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:40

Myflvs -question 3 multiple choice worth 2 points)(10.04 hc)in panama city in january, high tide was at midnight. the water level at high tide was 9 feet and1 foot at low tide. assuming the next high tide is exactly 12 hours later and that the height of thewater can be modeled by a cosine curve, find an equation for water level in january for panamacity as a function of time (t).of(t) = 4 + 5of(t) = 5 cost + 4o 460) = 5 cos 1+ 4of(0) = 4 cos + 5

Answers: 1

Answer

Business, 22.06.2019 19:30

Dollar shave club is an ecommerce start-up that delivers razors to its subscribers by mail. by doing this, dollar shave club is using a(n) to disrupt an existing market.a. innovation ecosystem b. architectural innovation c. business model innovation d. incremental innovation

Answers: 2

Answer

Business, 22.06.2019 22:00

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

Answers: 1

Answer

Business, 23.06.2019 03:00

What are the weak points of economic costs that are part of a free enterprise economy?

Answers: 1

Answer

You know the right answer?

Structural unemployment is sometimes said to result from a mismatch between the job skills that empl...

Questions