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Author Question: When an individual is frictionally unemployed, the unemployment arises from A) a short-term ... (Read 95 times)

lunatika

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on: Jun 29, 2018
When an individual is frictionally unemployed, the unemployment arises from
 
  A) a short-term elimination of jobs because of a slowdown in business activity.
  B) imperfect labor market information which requires individuals to search for appropriate employment.
  C) the permanent elimination of jobs because of a change in the structure of the economy.
  D) a reduction in the overall demand for labor's skills.

Question 2

According to the above table, if the fourth and fifth largest firms in the industry merge, the four-firm concentration ratio in the industry will be
 
  A) 82.5 percent.
  B) 35.8 percent.
  C) 69.0 percent.
  D) 84.1 percent.


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Beatricemm

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


lunatika

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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