Answer:
The criticism is true to a certain degree, and unjustified to another degree.
Explanation:
It is true in the sense that the U.S. has indeed lost a lot of manufacturing to Mexico, simply because Mexico has far lower labor costs, and U.S. manufacturers have decided to take advantage of that by taking their plants to Mexican states.
It is also true that Mexico has been running a trade surplus with the United States in recent years, mainly because of the large manufacturing sector that Mexico has been developing.
On the other hand, the criticism is unjustified because neither a trade deficit nor the moving of manufacturing to Mexico mean that the United States as a whole is in worst condition than before NAFTA. In fact, most economists agree that free trade is a good thing for the economy as a whole, and that most people benefit from the lower costs and specialization that trade brings about.
The problem lies then, in the people who lose their jobs: formerly unionized manufacturing workers from the Rust Belt, for example. These people need to be helped with government assitance, both in terms of welfare, and training, so that they can find new jobs and make ends meet in the meanwhile.
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Answer:
$63,140
Explanation:
For computing the total amount of product cost first we have to find out the total product cost per unit which is shown below
Direct material cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit.
= $6.70 + $3.40 + $1.50 + $3.80
= $15.40
Now the
Product cost is
= units produced × cost per unit
= 4,100 units × $15.40
= $63,140
We simply applied the above formulas
Answer:
Sublimation
Explanation:
Sublimation is the process of channelling negative, socially-unacceptable feelings, toward productive, or socially-acceptable abilities.
The concept was developed by Freud, especially in his work "Madness and Civilization".
Freud basically said that sublimation is what allowed humans to live in society, however, he also warned that sublimation did not always work, and some people were less likely to behave than others, leading to for example, the presence of criminality and antisocial behaviour.
