Which of the following is an example of frictional unemployment? Elaine is willing to work for less than the minimum wage, but employers cannot hire her. Joan is willing to work at the going wage, but there are no jobs available. Bill is qualified and would like to be an airline pilot, but airlines do not find it profitable to hire him at the wage established by the airline pilot's union.

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.

Upper a fish farm raises salmon and trout. a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question