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Republika UPLB has 50 workers. It produces only coffee and white cheese. The production of these two goods has the following labor requirements.
|
Coffee |
|
|
|
|
|
|
|
Output |
60 |
56 |
48 |
36 |
20 |
0 |
|
Labor Requirements |
50 |
40 |
30 |
20 |
10 |
0 |
|
White Cheese |
|
|
|
|
|
|
|
Output |
0 |
2 |
4 |
6 |
8 |
10 |
|
Labor Requirements |
0 |
10 |
20 |
30 |
40 |
50 |
- Illustrate and explain the impact on the
PPF of an improvement in the technology for producing white cheese.
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- Which of the following best represents the distribution of labor in modern economies? A. 1/3 extraction, 1/3 manufacturing, 1/3 services B. 25% extraction, 25% manufacturing, 25% services, 25% other C. 5% extraction, 15% manufacturing, 80% services D. 10% extraction, 40% manufacturing, 50% servicesA visiting American executive finds that a foreign subsidiary inBangladesh has hired a 12-year-old girl to work on a factoryfloor, in violation of the company's prohibition on child labour.He tells the local manager to replace the child and tell her to goback to school. The local manager tells the American executivethat the child is an orphan with no other means of support, andshe will probably become a street child if she is denied work. explain Cultural Relativist based on the statement givenTextile and clothing production is labor intensive, which means that… a. it tends to have higher labor productivity than capital intensive industries. b. it requires a large number of labor hours in proportion to other inputs. c. it relies on large capital investments. d. All of the above. e. it is concentrated in high-wage countries. PreviousNext
- Given the following Q=100k0.5 L0.8 C=12000 W=400=500 Determine the quantity of labour and capital Determine the output levelRepublika UPLB has 50 workers. It produces only coffee and white cheese. The production of these two goods has the following labor requirements. Coffee Output 60 56 48 36 20 0 Labor Requirements 50 40 30 20 10 0 White Cheese Output 0 2 4 6 8 10 Labor Requirements 0 10 20 30 40 50 If Republika UPLB is producing 48 units of coffee and 2 units of white cheese, is it using its inputs efficiently?The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Resources are limited in such a way that only 75 units of military good can be produced when all resources are employed. a) Construct the production possibility schedule and curve for this economy. b) Graphically represent what would happen if 12 additional workers were added to the economy. c) Graphically represent what would happen if the productivity of the workers were reduced to 2 units of military good and 5 units of consumer goods. d) Graphically represent what would happen if productivity for military goods remained the same but it now required 2 workers to produce 10 units of consumer goods
- Increases in the amount of human capital in theeconomy tend to _________ real incomes becausethey increase the _________ of labor.a. increase; bargaining powerb. increase; productivityc. decrease; bargaining powerd. decrease; productivityHello, i have posted this question many times in bartleby, but every time people answering this question to use ai tool like chatgpt, please dont use gpt and other ai tool. Provide me original answers with proper explanations. thank you.Question: What is the Production Possibility Frontier?Please Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave many dislikes for you and more from my friends accounts also.MULTIPLE CHOICE (identify the one best answer and provide explanations): Consider an economy inwhich each worker has one machine and one unit of natural resources. Assume these inputs are fixed,and so is the worker’s human capital. But there has been an improvement in technology. We can surelyconclude that productivity has increased if:a. the amount of goods and services produced from each hour of the worker’s time increases.b. the amount of goods and services produced by the worker increases relative to a worker inanother country.c. if the amount of goods and services produced by the worker in a given year increases.d. all of the above.e. none of the above
- Terry's Taco Patio uses corn tortillas, meat, a large property, and workers to make their tacos. Which of the following factors of production is not included as part of this list? Multiple Choice labor entrepreneurship capital landDefine the term all men created equal what might Jefferson have meant when he wrote thisSuppose a new drug were discovered that slowed the deterioration of health that accompanies aging. All the graphs you draw should include labels and arrows to indicate changes. What's the effect on the available time for work Tw and play Tz ? Draw its labor–leisure graph including both budget constraints and indifference curve. Draw the production possibilities frontier. Explain it.
