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3 years ago

Which statement is generally NOT true with regard to the effect of trade on wages in developing countries?

Business

1 answer:

Zolol [24]3 years ago

5 0

Answer:

c) Foreign companies tend to reduce the overall number of jobs available in developing countries

Explanation:

The foreign companies that invest in developing countries have their primary goal to make more profit. They achieve this because they manage to produce the same products, with same quality and quantity, but much cheaper. The reason why it is much cheaper is because these companies pay the workers in the developing countries much less than they would pay in their own countries. In general, the wages tend to be around the the amount of what what be the average in the developing country. In order to get workers, these companies tend to provide slightly better working conditions, and they pay on time as well. Also, they increase the amount of jobs in the economy, which is a positive for the people and for those countries.

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Frictional and structural unemployment can be alleviated by implementing a supply-side policy such as 19) A) * decreasing govern

balu736 [363]

Answer: the government giving tax breaks to companies locating in poor geographic areas.

Explanation:

4 0

2 years ago

Your friend brought up an investment opportunity that will generate cash flows of $5,000, $5,300, and $6,000 next three years, r

ahrayia [7]

Answer:

The most I could pay for the investment is $12,960.09

Explanation:

The maximum a rational investor could pay acquire an investment is the present value of all future cash flows receivable from the investment.

In the case, the present of all cash flows is calculated thus:

Years Cashflows [email protected] 12% PV

1 5000 0.892857143 4,464.29

2 5300 0.797193878 4,225.13

3 6000 0.711780248 4,270.68

Total of present values 12,960.09

The discounting factor is calculated using the formula :

1/(1+r)^n where r and n are rate and number of years respectively.

8 0

3 years ago

Ralph pays his workers $ 100 each, and labor is the only variable cost. At a quantity of 5000 chickens, how many workers does he

Flura [38]

Answer:

He hires 8 workers

Explanation:

The total cost is $1600 for 5,000 chickens minus the fixed cost of $800, which equals $800. The total cost is total of fixed cost and variable cost as in absence of production the total variable cost is zero so from this we can conclude that total fixed cost is zero.

Then divide the total variable cost ($800) buy what Ralph pays his workers ($100), which comes to 8.

6 0

3 years ago

Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store

Alex787 [66]

The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.

Explanation:

The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.

In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.

8 0

3 years ago

Jessica who owns a restaurant in New York City and is generating handsome profit from the business, has decided to take a portio

lara [203]

Answer:

Financialisation

Explanation:

Financialisation is about changes in the actual conduct and meaning of work .

5 0

3 years ago