When a country's labor market is in equilibrium in the specific factors model, the wage rate Group of answer choices will be higher in the sector where product price is lower. will be the same in both sectors. will be higher in the export-competing sector. will be higher in the sector where product price is higher. will be higher in the import-competing sector.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When a country's labor market is in equilibrium in the specific factors model, the wage rate Group of answer choices will be higher in the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Describe the difference between open-end and closed-end credit and provide an example of each
Answers (1)
Select all that apply. Select examples of public goods provided to everyone by the government. protecting the country mail delivery public sclmols computers
Answers (1)
Kodak possesses the leading imaging technology. This technology has allowed the company to differentiate its products from those offered by rivals. Imaging technology is Kodak's:a. support activity. b. retired product. c. distinctive competence. d.
Answers (1)
Swisher, Incorporated reports the following annual cost data for its single product: Normal production level 30,000units Direct materials$6.40per unit Direct labor$3.93per unit Variable overhead$5.
Answers (1)
Flingers Inc. reveals the following information in their annual report for FY 2004. Earnings and Expenses Sales $10,000,000 Cost of goods sold $5,000,000 Pre-tax earnings $500,000 Merchandise inventory $80,000 Total assets $2,000,000 What is
Answers (1)
New Questions in Business
With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as
Answers (1)
Sugar, Inc. sells $529,300 of goods during the year that have a cost of $428,600. Inventory was $30,083 at the beginning of the year and $34,338 at the end of the year.
Answers (2)
Assume that Jack and Hal and Sophia enter into a contract for the sale of the restaurant. Hal and Sophia, for their own protection, put a clause in the contract that says the sale is contingent upon an independent appraisal indicating that the
Answers (2)
One of Simplex Company's products has a contribution margin of $44,000 and fixed costs totaling $54,000. If the product is dropped, $37,000 of the fixed costs will continue unchanged.
Answers (1)
When technology spillover occurs, a. those firms engaged in technology research should be taxed by the government. b. a firm's research yields technological knowledge that can then be used by society as a whole. c.
Answers (1)