All categories

3 years ago

What are the short-run economic effects when u.s. firms substitute labor outside of the u.s. for labor inside the u.s.?

1 answer:

4 0

<span>There will be a rise in employment and drop in the unemployment rate. It will be ideal for the US economy as the economy is driven on consumerism. More people with jobs means more spending. This will improve the GDP forecast and overall strengthen the broader economy.</span>

You might be interested in

An investment made 10 years ago is worth $100,000. if the annual return over these 10 years was 7.20%, then the original investm

GenaCL600 [577]

The original investment amount was $ 68.56 then annual return on investment is 10 years was 7.20% interest.

What is investment?

Investment definition is assets invested in to build wealth and save money on bank, property and projects for specific time period of money.

PV is a present value, FV is a future value, i is interest, n is number of period

PV= FV/ (1 + i) n

PV= 1, 00,000 / (1+7.20%) 10

PV =68.5650014087

As a result, the original amount of investment is 68. 56

Learn more about on investment, here:

brainly.com/question/15353704

#SPJ1

7 0

2 years ago

A company uses the following standard costs to produce a single unit of output. Direct materials 7 pounds at $0.60 per pound = $

Naddika [18.5K]

Answer:

Direct material price variance= $20,100 unfavorable.

Explanation:

Giving the following information:

Direct materials 7 pounds at $0.60 per pound = $ 4.20

During the latest month, the company purchased and used 67,000 pounds of direct materials for $.90 per pound to produce 10,000 units of output.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.60 - 0.90)*67,000= $20,100 unfavorable.

7 0

3 years ago

Frank's is a furniture store that is considering adding appliances to its offerings. Which one of the following is the best exam

alexandr402 [8]

Answer:

The correct answer is:

Selling furniture to appliance customers.

Explanation:

In this case, the company can take advantage of the fact that consumers who buy furniture for their homes are usually interested in the line of appliances. This is a very good strategy, because in this manner they will realize about the need or desire at the same time this fact will have good consequences, so that they can make a single purchase and a single shipment, giving them the feeling of saving a lot leading them to Buy more in the store. Therefore, using this strategy the company will have more cash flow in this way.

4 0

3 years ago

Marketing links producers to

satela [25.4K]

Marketing links producers to customers.
That is the answerzb

8 0

3 years ago

The strategy in a mature industry to invest in infrastructure that would be cost-prohibitive for new entrants to deter new compe

kozerog [31]

Answer: Option D

Explanation: In simple words, technology upgrading refers to the process in which a firm intensely changes the level of technology it is using for its operations. In such a process the organisation implements a more advanced technology so that it can enhance the operational activities within.

Technology up gradation is a necessity in today's competitive business environment but if implemented in a right way it can give an organisation a strong competitive advantage which will open new doors to success.

For example automobile industries upgraded their technology to a higher level which made the operation at such a high scale that it became an oligopoly industry.

An oligopoly industry is the one in which there are few firms operating at a high scale with difficulty in entry due to heavy investments.

7 0

3 years ago