Business, 10.12.2019 07:31, jaygamer37
Tire production in the united states has been on the decline, in both absolute and relative terms. imported tires are replacing most of the domestically manufactured tires in the market. trade unions in the united states have claimed that over 7,000 jobs have been lost due to chinese tire imports. you read a blog post that uses this example to say that this is exactly why countries should not engage in free trade: cheaper imports will flood the domestic market and unemployment in the country will increase. do you think the blogger's conclusions are entirely correct? (check all that apply) a. yes, because the country loses jobs and workers are made worse off. b. no, because the efficiencies gained from exploiting comparative advantage generate more winners than losers. c. yes, because the losers from free trade are likely to outnumber the winners, making the country worse off overall. d. no, because the winners from free trade could compensate the losers.
Answers: 1
Business, 21.06.2019 22:20, kyla1220
Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans
Answers: 1
Business, 22.06.2019 10:50, hsjsjsjdjjd
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
Tire production in the united states has been on the decline, in both absolute and relative terms. i...
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