1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vaselesa [24]
3 years ago
14

Juan works at Texas Burgers in El Paso and earns $8.00 per hour. His twin brother Felipe works in Mexico Burgers in Ciudad Juare

z just across the border and earns $3.00 per hour for exactly the same work. An economist looking at this situation sees:
A.an incentive for Felipe to cross the border to get a job and thus reduce the gap.
B. an incentive for Felipe to quit and find another job in Mexico.
C. the tendency of the rich to get richer and the poor to get poorer, widening the gap.
D. evidence that the law of one price has no support in the real world.
Business
1 answer:
Vesna [10]3 years ago
3 0

Answer:

A.an incentive for Felipe to cross the border to get a job and thus reduce the gap.

Explanation:

Economists are concerned with the efficient use of resources to achieve maximum benefits. Economics is about making choices that add the greatest value to society. An economist will consider the opportunity cost associated with an option before making a decision.

The wage rate in Texas, where Juan works is much higher compared to what Felipe earns. Felipe can gain more by offering his labor service in Texas, which is just across the border. Economists will consider the earnings per hour, and judge than Felipe will be better off working in Texas compared to Mexico.

You might be interested in
What is free trade? A. Trade that is not subject to taxes or fees B. Trade that governments do not interfere with C. Trade with
shtirl [24]

free trade is trade that governments do not interfere with. Governments can impose trade restrictions and tariffs on trade that might inhibit two parties from being able to trade freely.

6 0
3 years ago
if a reporter asks you, "When did your team stop floundering and get control of this emergency" the following is your best respo
Tomtit [17]
Your best response is ' MY TEAM INITIATED A UNIFIED, PROFESSIONAL RESPONSE FROM THE START'. This kind of response show professionalism, because you have not allow the question asked by the reporter to provoke you onto anger. Also, it show that you possess good communication skills. 
5 0
3 years ago
The main functions of human resource management can be categorized into ... A. Line function, management functions, and employee
babymother [125]

Answer:

C. Staff functions, line functions, and coordination functions

Explanation:

Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.

Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.

5 0
3 years ago
In a perfectly competitive market, the price of the product is
Mkey [24]

Answer:

b. set by market supply and demand. 

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Because goods are homogenous and there are many buyers in the industry, sellers do not set the price for their goods and services. Prices are set by the market forces of demand and supply. This makes sellers price takers.

Other features of perfect competition are :

1. No barriers to entry or exit of firms

2. Firms make zero economic profit in the long run.

I hope my answer helps you.

7 0
3 years ago
Rebekkah loves the twilight series of movies. she owns every video and book about the series. she also starts her own website wh
Amiraneli [1.4K]
The answer is user-generated media!

Hope this helps you :)
7 0
3 years ago
Other questions:
  • The actions an organization can and perhaps should take while an incident is in progress should be specified in a document calle
    13·1 answer
  • Peta received wraparound approach (wrap) services. what does the approach entail?
    9·1 answer
  • To better meet corporate goals this year, donna, a ceo, is encouraging her managers to focus on the major functions of managemen
    5·1 answer
  • Lucky lou has just won the lottery and will receive an annual payment of $100,000 every year for the next 20 years. if the annua
    13·1 answer
  • Suppose that Paolo, an economist from an AM talk radio program, and Sharon, an economist from a public television program, are a
    6·1 answer
  • You're buying a new car and the bank says they'll loan you the required balance of the $30,000 price if you'll put down $3,000.
    7·1 answer
  • Use the following classification to determine which category each of the following goods falls into.
    7·1 answer
  • A firm issued 10,000 shares of $2 par-value common stock, receiving proceeds of $40 per share. The amount recorded for the paid-
    10·1 answer
  • This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the cre
    11·2 answers
  • The U.S. government agency that advises and assists small businesses by providing management training and financial advice and l
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!