Market failure is a situation in which a. the market does not provide the ideal or optimal amount of a particular good. b. prices are too high for "average" people to buy necessities. c. there are too many buyers but not enough sellers. d. there is a question over the quality of a product for sale.

Which result is a positive aspect of globalization?

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?