Period 1 Period 2 Jan Jan Working Age Population 64 591 67 153 Labor Force Employed 38 461 40 047 Underemployed 6 883 7 879 Unemployed 2 703 2 469 Labor Force Participation Rate (%) Employment Rate (%) 93.4 94.2 Underemployment Rate (%) 17.9 19.7 Unemployment Rate (%) 1. What is the labor force participation rate for period 2? 2. What is the unemployment rate for period 1?

Q: From a marketing strategy and customer intimacy perspective, to what extent do you believe companies…

A: In democratic government typically, it has been seen that there is both public and private sector…

Q: why monopolistic competition the food industry

A: Barriers to entry conveys the number of restrictions faced by a business firm in its attempt to…

Q: What are the reasons for increasing and decreasing factors of supply in e-commerce?

A: Some of the factors include: Price: If the price product is high, the quantity supplied will rise…

Q: Explain Market pain.  Provide an example of a product that solves market pain.

A: Business specialists and investors allude to showcasing "torments" as a condition of occasions where…

Q: hich media access control method needs a timer to prevent lock-up by clients not answering

A: The media access control method which needs a timer to prevent lock-up clients (by not answering) is…

Q: What are the advantages of personal selling over otherforms of customer communication?

A: Personal selling: personal selling is where the business use sales force people to sell the products…

Q: As you review the Facebook site, you note that packagingfor your company’s bread uses the words…

A: Bread is very nutrient for our health but at the same time it is considered as a major source of…

Q: Explain the importance of reading a classification tree effectively? How could this benefit an…

A: This philosophy is all the more usually known as a classification tree effectively from information…

Q: Why might customer satisfaction be a more appropriate objective than profitability?

A: Customer satisfaction can be considered a more appropriate goal than profitability in certain…

Q: Draw a graph of Pepsi company that related to the product differentiation.

A: Monopolistic competition: It has the features of both a monopoly and a perfectly competitive market.…

Q: Examples of tradeoffs that have both monetary and non monetary cost

A: In simple terms, trade-off is giving up one thing to get the other thing. Due to the scarcity of…

Q: When a media company promotes itself as reaching a particular demographic, how should we use that…

A: Media company promotes itself by reaching out in the particular demographic, through understanding…

Q: Are there any drawbacks to bimetallism?

A: A monetary system that is also known by the name bimetallism is the system in which the value of a…

Q: There are several hamburger shops around you. You are trying to find ways to make your hamburger…

A: A monopolistically competitive firm will look to differentiate its product from its competitors as…

Q: what is the Effect on the Supply of Microcredit

A: Microcredit is the lending of money in small portions. Microcredit financing is done by many small…

Q: If there is no money, what is the number of barter prices we need if there are 1,000 goods? Add your…

A: In a scenario where money is absent, the barter system requires individuals to directly exchange…

Q: ow poorly regulated markets can cause harm to third parties not involved in exchange?

A: The economic condition described by the inefficient distribution of products and services in the…

Q: Determine three types of businesses that would have difficulties establishing successful e-commerce…

A: The first type of businesses are small businesses like small shops. "Small businesses that focus…

Q: How does penetration pricing strategy affect the company's performance and how they benefit from…

A: Penetration pricing is a marketing strategy wherein a firm attempts to penetrate the market for a…

Q: Retailers O Buy large volumes of products and sell them individually to consumers O Buy large…

A: Depending upon the quantity of goods and services bought and the market where the product will be…

Q: Which of the following involves signaling? Choose one answer. a. high wage rates attracting a larger…

A: The objective of the question is to identify which of the given options involves signaling.…

Q: Why would a healthcare manager ever want to price discriminate?

A: Price discrimination is a pricing strategy in which customers are charged different prices for the…

Q: How are the characteristics and marketing needs of the product and service brands you selected…

A: To satisfy the demands and expectations of diverse customer segments, all goods and services…

Q: Tyke's Bikes is a bicycle sales and repair shop in a small city. It sells new and used bikes with a…

A: Corporate social responsibility is a business model where individuals act morally and ethically…

Q: Why is countertrade considered inefficient?

A: Meaning of Countertrade: The term countertrade refers to the situation where it differs from…

Q: Why do transaction fees occur?

A: In a market, transaction cost refers to the additional cost that is bear by the firm or the…

Q: Think of a situation where tier pricing was used very effectively. What was the mechanism used and…

A: Tier Pricing method- This is a pricing method where by the producer resorts to differential pricing…

Q: Suppose your company had just developed a new TV set that had TiVo (the digital video recorder)…

A: Pricing decisions are diverse determinants of an organization's performance, requiring a methodical…

Q: What factors might explain why various retailers can still charge different prices for the same…

A: The various factors which could affect the costs on the web even after its claim for an ideal market…

Q: what is the difference between an opportunity and a threat

A: In economics, producers have to deal with various market uncertainties that can positively or…

Q: Why is mobile connectivity considered a disruptivetechnology?

A: Disruptive technology: It is an advancement that altogether adjusts how customers, ventures, or…

Q: What are some strategies for protecting consumer privacy on an online e-commerce platform selling…

A: The objective of this question is to identify strategies that can be used to protect consumer…

Q: Summarize the six components of a marketing plan.

A: Marketing refers to the phenomenon in which the companies get involved in advertising, and showing…

Q: Relates to how the customer views the ability of theproduct to meet his/her objectives.

A: Customer is the decider of product rating in modern era of consumerism