When an individual is frictionally unemployed, the unemployment ...

[lunatika]

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.

[Beatricemm]

Answer to Question 1

B

Answer to Question 2

A

[lunatika]

Thanks for the timely response, appreciate it

[Liamb2179]

TYSM