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- QUESTION 19 The difference between the Ricardian model of trade and the immobile factor model is that: O Ricardo assumed one factor of production while the immobile factor model assumed two factors of production, labor and capital. O Ricardo considered the countryâ s workforce as an endogenous variable, while the immobile factor model considered labor supply as exogenous. O Ricardo assumed a barter economy while the immobile factor model introduced money into the system. O Ricardo assumed labor was immobile between industries, while the immobile factor model considered labor to be immobile only between countries. O Ricardo assumed labor employed in each sector to be endogenous, but the immobile factor model assumed labor employed in each sector to be exogenous.total factor productivity cost • average cost marginal cost supply function incre pricing marginal revenue elasticity rule margin Lerner index . markup agency theory raider specific asset hold-up problem tapered integration impediments to imitation franchising sustained competitive advantage ambiguity strategy culture field experiment history learning curve Gausal REVIEW AND PRACTICE EXERCISES 3.1. DRAM FACTORY. You own and operate a facility located in Taiwan that manufac tures 64-megabit dynamic random-access memory chips (DRAMS) for personal comput ers (PCS). One year ago you acquired the land for this facility for $2 million, and used 83 million of your own money to finance the plant and equipment needed for DRAM manufacturing. Your facility has a maximum capacity of 10 million chips per year. Your cost of funds is 10% per year for either borrowing and investing. You could sell the land, plant, and equipment today for $8 million; you estimate that the land, plant, and equip ment…The __________ industrial sector contains small, less profitable firms operating in more competitive industries.
- All of the following are legal rights provided to the employee and enlisted in the Lebanese Labor Law, except 36 consecutive hours as weekly rest 10 weeks as maternity leave 15 days as annual leave 4 days as bereavement leave1. Research on the regional blocks found within African continent and examine their basis of operations 2. explain the implications of the trade union zones to you as a global marketerMost collective bargaining situations lead to strikes. True False
- 21Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Bargaining or command relations within the firm can affect _________ - worker effort - absolute surplus value - Productivity of labor - A, B, C - A, B - A, C
- Both answers give you thumbs up and explain it Question 21What was the "General Will" theory?A) an individual's decision based on their personal interests, often revealing their own personal greedB) an individuaľ's ability to overcome their personal interests and vote for what is best for the communityC) the majority voteD) protection for the minority whose ideas were defeated in the vote Question 22Which of the following was NOT related to the "Division of Labor theory?A) use of machines and other inventionsB) creation of an early "assembly lineC) increases in worker efficiencyD) workers would become revolutionary in their hatred of industríal laborThe Exchange Firm 1 2 3 4 bb.charteroak.edu/webapps/assessment/take/take.jsp?c... Table 16-2 The following table shows the total output produced by the top six firms as well as the total industry output for each industry. 5 6 Total Mobile Workforce. Industry A 13,250 ✰ Berlin Public School... W Inbox > The Exchange 10,975 8,175 4,275 1.250 875 45,350 Industry B 8.750 7.500 6,400 5.000 4.250 4,000 70,900 Refer to Table 16-2. Which industry is the most competitive? a Industry A Ob Industry B c Industry C Industry D Q Ck Attendance N.pdf CO 0 Industry C 1,750 1,725 1.700 1.675 1.650 1,625 30,125 Industry D 15,000 14,000 13.000 12.000 11,000 10.000 120,000What are the basic features of Bureaucratic Control/Internal Labor Markets (BC/ILM)? What are examples of one or two theories as to why a firm would voluntarily form BC/ILM. Explain according to that theory why firms would form BC/ILM? Include what problem(s) the firms are attempting to solve and how forming a BC/ILM solves that problem(s)