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yulyashka [42]
1 year ago
13

Read "Knowledge and Globalization" on page 375 in the textbook. Should governments take measures, legal or otherwise, that prote

ct their economic advantages? Should they penalize companies that offshore manufacturing jobs? Should they forbid the sale of know-how to other countries? Should they adopt the Venetian model, or should we look at the world as one large economy for each worker where each organization should compete for a piece of the pie regardless of national borders - so that consumers everywhere can enjoy products of the highest quality for the lowest possible price?
Business
1 answer:
omeli [17]1 year ago
8 0

Answer:

Explanation:

(A)

Governments should take measures -legal, fiscal, monetary, social, etc - to protect their economic advantages.

This is the reason for Ministers of Finance. A country should know the goods and services in which it has competitive advantage of production or supply or quality. The government should develop policies and tactics to protect this advantage.

(B)

Governments should only seldom penalize companies that offshore manufacturing jobs. Why? Because sometimes, it is necessary to offshore manufacturing jobs. Foreigners might have the exact expertise needed in that field. If the government however feels that foreigners are gaining traction in that sphere of the economy, they can create an avenue for their citizens to be equipped with the expertise.

(C)

No. Governments should not forbid the sale of know-how to other countries. The government should or could set a 'price floor' that is high, as the minimum amount at which the knowledge is to be sold. Sale of technological know-how is an important source of revenue so it should be encouraged.

(D)

Governments should adopt the Venetian Model.

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Show that if the contribution to profit for trains is between $1.50 and $3, the current basis remains optimal. If the contributi
Dmitriy789 [7]

Answer:

210

Explanation:

Let us consider that x is the number of soldiers produced each week and y is number of trains produced each week.

Also, weekly revenues and costs can be expressed in terms of the decision variables x and y.

Then,

Hence the profit which we want to maximize is given by,

Now the constraints are given as,

Finishing Constraint:

Each week, no more than 100 hours of finishing time may be used.

Carpentry Constraint:

Each week, no more than 80 hours of carpentry time may be used.

Demand Constraint:

Because of limited demand, at most 40 soldiers should be produced each week.

Combining the sign restrictions and with the objective function  and constraints,and yield the following optimization model:

Such that,

First convert the given inequalities into equalities:

From equation (1):

If x=0 in equation (1) then (0,100)

If y=0 in equation (1) then (50,0)

From equation (2):

If x=0 in equation (2) then (0,80)

If y=0 in equation (2) then (80,0)

From equation (3):

Equation (3) is the line passing through the point x=40.

Therefore, the given LPP has a feasible solution first image

The optimum solution for the given LPP is obtained as follows in the second image

The optimal solution to this problem is,

And the optimum values are  .

Let c be the contribution to profit by each train. We need to find the values of c for which the current, basis remain optimal. Currently c is 2, and each iso-profit line has the form

3x +  2y = constant

y = 3x/2 +constant/ 2

And so, each iso-profit line has a slope of  .

From the graph we can see that if a change in c causes the isoprofit lines to be flatter than the carpentry constraint, then the optimal solution will change from the current optimal solution to a new optimal solution, If the profit for each train is c, the slope of each isoprofit line will be.

-3/c

Because the slope of the carpentry constraint is –1, the isoprofit lines will be flatter than the carpentry constraint.

If,

-3/c<-1

c >3

and the current basis will no longer be optimal. The new optimal solution will be point A of the graph.

If the is oprofit lines are steeper than the finishing constraint, then the optimal solution will change from point B to point C. The slope of the finishing constraint is –2.

If,

-3/c < -2 or

C < 1.5

Then the current basis is no longer optimal and point C,(40,20), will be optimal. Hence when the contribution to the profit for trains is between $1.50 and $3, the current basis remains optimal.

Again, consider the contribution to the profit for trains is $2.50, then the decision variables remain the same since the contribution to the profit for trains is between $1.50 and $3. And the optimal solution is given by,

z = 3× (20) + 2.5 × (60)

= 60 + 150

= 210

5 0
2 years ago
Margaret incurred one personal casualty loss caused by a federally declared major disaster in 2019. The amount of the loss, afte
iogann1982 [59]

Answer:

$0

Explanation:

There are two Step for the computation of casualty loss deduction if the casualty loss is personal

Step 1  Reduce $100 per casualty event from the casualty loss

Step 2 Reduce 10% of the AGI from the amount you get from step 1

Data

Loss = $2,500

AGI = $35,000

Deduction =?

Solution

Step 1 =  $2,500 - $100 = $2,400

Step 2: $2,400 - ($35,000 x 10%) = $0

If the amount in step 2 is $0 then the person is not eligible for casualty loss deduction  

8 0
2 years ago
Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal exemptions and had a take-home p
GREYUIT [131]
2 because Karen already had done the federal tax levy of 2100.50 so I don’t matter so the answer is 2
5 0
1 year ago
Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for
frozen [14]

Answer:

A

Explanation:

3 0
2 years ago
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Resources are adequate, but demand varies widely over the life of the project. Delaying noncritical activities to lower peak dem
-BARSIC- [3]

Answer:

resource smoothing

Explanation:

According to the definition provided in the question we can say that this is regarding resource smoothing. Like mentioned in the question this term refers to a management technique that adjusts the resources so that the requirements do not surpass the resource limits that the company has specified, by delaying the noncritical activities in order to allow for the important ones first.

If you have any more questions feel free to ask away at Brainly.

3 0
2 years ago
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