If the post-trade equilibrium with Pc is = Pw = $20, the wage of workers in Foreign relative to the wage of workers in Home will be equal to 2.5.
<h3>What is a Wage?</h3>
A wage is known to be a kind of payment that is said to be paid by an employer to their employee for the work that they have done in a given amount of time.
Note that from the question;
aLW = 5 hours per gallon
a*LC = 2 hours per pound
SO to find the wage = 5/2
= 2.5
Therefore, If the post-trade equilibrium with Pc is = Pw = $20, the wage of workers in Foreign relative to the wage of workers in Home will be equal to 2.5.
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aLC = 6 hours per pound
aLW = 5 hours per gallon
a*LC = 2 hours per pound
a*LW = 6 hours per gallon
In post-trade equilibrium with Pc = Pw = $20, the wage of workers in Foreign relative to the wage of workers in Home will be equal to:
Answer:
12 Times.
Explanation:
By putting values in the below format:
= (1200000/((80000+120000/2))
= 12
Answer:
See the explanation for the answer
Explanation:
The aggregate plan is prepared below;
Period 1 2 3 4 5 6
Forecast 200 200 300 400 500 200
Output
Regular 300 300 300 0 450 450
Overtime
Subcontract
Output
Forecast 100 100 0 400 50 25
Inventory
Beginning 0 100 200 200 0 0
Ending 100 200 200 0 0 0
Average 50 150 200 100 0 0
Backlog 0 0 0 200 250 0
Costs
Output
Regular 600 600 600 0 900 900
Overtime
Subcontract
Inventory 50 150 200 100 0 0
Backorder at5 0 0 0 1,000 1,250 0
Total 650 750 800 1,100 2,150 900
If 200 people have been working on developing a new community that will feature houses and small business, the thing that will happen to the PPC of the community if 100 people withdraw from developing the community is that D) the PPC will become steeper.