Which of the following situations would be considered cyclical unemployment? choose one or more: a. a college instructor’s contract is not renewed because more people are taking online classes and the college does not need as many classroom instructors. b. a worker on the assembly line at ford is laid off due to a drop in car sales brought on by a weak economy. c. a friend wins the lottery and quits working. he says he will never work again. d. a friend is taking a trip around the world while she waits for another job offer. she has been offered six jobs but has not accepted any of them. e. a recent college graduate cannot find a job anywhere, despite excellent qualifications. the news media report that there are not enough jobs to go around in the economy. f. a typewriter repair shop closes, citing lack of business. the owner is quoted as saying, "we haven’t had a customer in weeks. it has something to do with people using computers."

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will