Answer:
d. Mexico has nothing to gain from importing United States pork.
Explanation:
The principle of comparative advantage asserts that countries (in this case Mexico) are better off importing certain goods (in this case pork), given that the opportunity cost of importing such goods are less in comparison to the production costs of manufacturing them within the country.
By definition, a country is said to have a <em>comparative advantage</em> over another, when they can produce a certain good or service at a lower marginal or opportunity cost.
Answer:
I think it's a income tax
Answer:
$7.15
Explanation:
Calculation for Other The cost of wages and salaries and other overhead that would be charged to each bouquet made is:
Wages and salaries charged to each bouquet produced = (60%*$180,000)+(50%*$70,000)/20,000 bouquet
Wages and salaries charged to each bouquet produced = $108,000+$35,000/20,000 bouquet
Wages and salaries charged to each bouquet produced = $143,000/20,000 bouquet
Wages and salaries charged to each bouquet produced = $7.15
Therefore The cost of wages and salaries and other overhead that would be charged to each bouquet made is:$7.15
Answer:
Companies will move overseas to escape unions and hire cheaper labor.