Answer:
B. A higher unemployment rate
Explanation:
High union memership can increase unemployment in two ways:
- Creating a barrier of entry because non-unionized workers can be barred from getting employed in industries with high union membership.
- Pushing salaries above the marginal productivity of labor, especially the minimum wage, causing firms to hire less because hiring becomes more costly.
Answer:
c. 12 pairs of jeans per pair of shoes
Explanation:
Suppose that Spain and Germany both produce jeans and shoes.
Spain's opportunity cost of producing a pair of shoes is 5 pairs of jeans Germany's opportunity cost of producing a pair of shoes is 10 pairs of jeans.
By comparing the opportunity cost of producing shoes in the two countries, you can tell that__Spain__ has a comparative advantage in the production of shoes and _Germany__has a comparative advantage in the production of jeans.
Similarly, Germany can gain from trade as long as it receives more than 10 pair of shoes for each pair of jeans it exports to Spain.
Based on your answer to the last question, which of the following terms of trade (that is, price of shoes in terms of jeans) would allow both Germany and Spain to gain from trade?
c. 12 pairs of jeans per pair of shoes
Answer:
False
Explanation:
The case stated in question statement does not refer to focused differentiation strategy rather it is an example of Focused cost leadership strategy.
Focused cost leadership strategy is one that is competes on price margins targeting a narrow market and setting the price lower than other already existing competitors.
While, on the other end a focused differentiation strategy targets acquiring market by introducing some different product.
Here is the answer to your question
Hope it helps!
Answer:
$150000
Explanation:
Solution
The first step to take is to calculate the recognized gain.
Given that:
the outside basis = $100,000
Cash =$10,000
The fair market value of the boot manufacturing company is = $260,000
Now,
The Recognized gain is stated as follows:
The Fair Market Value - (Outside Basis + Cash)
= $260000 - ($100000 + $10000)
= $260000 - $110000
= $150000
Therefore her calculated gain is $150000