Author Question: Unemployment that results from a mismatch of workers' abilities and skills with current requirements ... (Read 93 times)

waynest · **on:** Jun 29, 2018

Unemployment that results from a mismatch of workers' abilities and skills with current requirements of employers is

A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) seasonal unemployment.

Question 2

Vertical merger occurs when

A) two firms merge where one had sold its output to the other as an input.
B) the merger moves the combined firm onto the horizontal portion of its long-run average cost curve.
C) two firms merge where each is about the same size.
D) two firms producing a similar product merge.