subject
Business, 02.06.2021 21:10 aiselsarmientop8o290

Consider the case of Thailand, a small open economy that faces constant goods prices (takes the world prices as given and has no impact on it.) Assume that there are two sectors, manufacturing and farming. There are three productive factors. Labour is employed in both sectors and is freely mobile between them. Capital is used only in manufacturing and land only in farming. After the recent floods a relevant part of arable land has been destroyed: discuss the effects on wages and the incomes of capital and land owners. Thoroughly explain your answer using figures.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
What is the most important type of decision that the financial manager makes?
Answers: 2
question
Business, 22.06.2019 05:00
Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.
Answers: 3
question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 1
question
Business, 22.06.2019 11:30
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
You know the right answer?
Consider the case of Thailand, a small open economy that faces constant goods prices (takes the worl...
Questions
question
Mathematics, 27.08.2019 07:10
question
Mathematics, 27.08.2019 07:10
question
Mathematics, 27.08.2019 07:10