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Increases in structural unemployment can result from a recession but are more commonly associated with other changes, such as the development of new products that replace old products.
A classic example of this is typewriters and computers.
a. How might technological change cause structural unemployment?
b. Would you expect a similar effect on unemployment when new types of cereal or styles of clothing are developed?
The demand for new homes in the United States is often described as highly cyclical and very sensitive to housing prices and interest rates.
Some states have had laws restricting the sale of most goods on Sunday.oppose such laws because they find Sunday afternoon a convenient time to shop.
You want to start a company, and are trying to decide between two different industries. You are doing your final research before you write your business plan. Industry A has 20 firms and a Concentration Ratio (CR) of 30% What is the name for this ..
Discuss and explain the major barriers to entry into a industry. Describe how each barrier can foster monopoly or oligopoly.
The Government and Social Responsibility
Female shoppers generally value microwaves more than men and attribute greater value to the auto-defrost feature. There is little additional cost to incorporating an auto defrost feature.
Consider the following two alternative designs. Design A has an initial cost of $300,000 and net annual revenues of $55,000; Design B had an initial investment of $450,000 and net annual revenues of $80,000. A 10% MARR was used over the 10-year pl..
Assume you are the owner of a small cafe that employs 15 people, 10 of whom are front-line, unskilled workers, and currently paid the minimum wage. The state government is considering increasing the minimum wage. As a business owner, would you su..
Choose a United States based company with global operations. Discuss and explain the impact of globalization on the company's cost structure, markets, currency risk, and overall strategy.
Cypress River Landscape Supply is a larege wholesale supplier of landscaping materials in Gerogia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other months.
There are two goods in the economy, anchovies (a fish) and bananas ( FARM product). Draw the economy's production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
Determine the market structure in which the low-calorie food company operates and analyze short-run and long-run production and cost functions.
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