Which of the Following Is a Case of Structural Unemployment

question 9

Multiple Choice

Which of the following is a case of structural unemployment?

• A) Aaron is leaving his job to take a higher-paying position.
• B) Amanda has been searching over a year for a position working as a travel agent.
• C) Ashley took an early retirement package.
• D) Alfred is searching for a position in which his expertise in criminal forensics can be used.

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Definitions:

Marginal Utility

The additional satisfaction or utility received by consuming one more unit of a good or service.

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer derives from purchasing one more unit of a good or service.

Marginal Utility

The additional satisfaction or utility received from consuming one more unit of a good or service.

Demand Schedule

A demand schedule is a table that lists the quantity of a good that consumers are willing to purchase at various prices.