subject
Business, 28.05.2021 14:20 nyandog50

Consider an economy described by a specific factors model with an Agricultural and a Manufacturing Sector. The country is open to trade. All else equal, which of the following would be consequences of a sudden accumulation of specific capital in the manufacturing sector? a. The real wage of workers measured in terms of manufactures will fall as capital replaces workers in that sector.
b. The real wage in the economy will increase, measured in terms of either good.
с. The number of workers employed in manufacturing will increase.
d. The real return to land specific to the agricultural sector will fall.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:30
Abenefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. looking at the purchases below, which one should be made using a credit or a debit card?
Answers: 3
question
Business, 22.06.2019 22:00
Retail industry fundamentals credential exam,part 1 all answers
Answers: 3
question
Business, 23.06.2019 00:30
5. if you were to take a typical payday loan for $150, with an interest rate of 24.5% due in full after two weeks, what is the total amount you would have to repay? a. $186.75 b. $174.50 c. $157.33 d. $153.67
Answers: 1
question
Business, 23.06.2019 01:20
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)
Answers: 3
You know the right answer?
Consider an economy described by a specific factors model with an Agricultural and a Manufacturing S...
Questions
Questions on the website: 13722363