Business, 25.02.2021 18:40 poweradampower

The government conducts a survey to determine the unemployment rate on Gilligan's Island. The results of the survey are as follows: THE SKIPPER: has a full-time job as a ship's captain GILLIGAN: recently quit his job working on The Skipper's boat, and is looking for a new job on a better ship. MARY ANNE: used to be a secretary but lost her job when her firm replaced all of its secretaries with automated dictation equipment. Is trying to find another secretarial job. GINGER: is employed full-time as an actress and model. THURSTON HOWELL: inherited $20 million at age 17. Has never worked a day in his life and spends his life lounging on the beach. MRS. HOWELL: Thurston's wife; also has never worked; spends her life playing bridge and having tea parties with her friends. THE PROFESSOR: works part-time trying to fix the skipper's boat so that he can leave Gilligan's Island. Wishes he could find full-time work as a professor, but there are no schools on Gilligan's Island. Assuming that we use official US methods, what is the headline unemployment rate on Gilligan's Island? How would the following affect the official headline unemployment rate? (a) Ginger's job is cut back to part-time;
(b) Mrs. Howell gets bored doing nothing, and starts to look for a job as a party planner;
(c) Gilligan stops looking for work after he realizes there are no other boats on Gilligan's Island. [Note: consider the impact of the changes described in parts (a)-(c) one at a time. So, for instance, in part (b), you can assume that Ginger's job is still full time, and in part (c) you can assume that Ginger's job is full time and that Mrs. Howell is not looking for a job).

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:30

Select the correct answer. sarah works in a coffee house where she is responsible for keying in customer orders. a customer orders snacks and coffee, but later, cancels th snacks, saying she wants only coffee. at the end of the day, sarah finds that there is a mismatch in the snack items ordered. which term suggest data has been violated? a. security b. integrity c. adding d. reliability e. reporting

Answers: 3

Answer

Business, 22.06.2019 09:40

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

Answers: 2

Answer

Business, 22.06.2019 20:00

Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor

Answers: 3

Answer

Business, 22.06.2019 21:10

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02

Answers: 3

Answer

You know the right answer?

The government conducts a survey to determine the unemployment rate on Gilligan's Island. The result...

Questions