Of the people described below, who would be counted as unemployed? choose one or more: a. a full-time college student who plans to look for a job after graduation b. a student who quit college to look for a modeling job in new york c. a 17-year-old single parent who has just been laid off and is looking for a new job d. an able-bodied 53-year-old who took an early retirement package from her employer e. a second lieutenant in the u. s. army f. a newly graduated ph. d. who could not find a teaching job and is driving a taxi g. a 55-year-old steel worker who was laid off 18 months ago and has given up trying to find a job

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

Why is efficiency an important economic goal?