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notsponge [240]
1 year ago
14

Kemala is a factory worker in Indonesia, where she earns the equivalent of roughly U.S$1 per hour producing T-shirts to export t

o the United States. Some people argue that this wage is exploitative and unfair. Why might this argument be flawed?
A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.
B. U.S. workers deserve to make more because the cost of living in the United States is higher than in Indonesia.
C. Although Kemala may have chosen badly in taking the factory job, the job provides a level of income to which people in developing countries have become accustomed.
D. American consumers believe that exploitation of labor is an acceptable side effect of globalization.
Business
1 answer:
postnew [5]1 year ago
5 0

Answer: A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.

Explanation:

Going by standards in the United States, the wages that Kemala is earning may be tagged as exploitative. If however, it is shown that Kamala works in that factory of her own accord, then it means that the wage is not exploitative to her because she must be earning more from the factory than other alternatives to it which was why she chose to work there.

It would simple mean that the wages in Indonesia are small by American standards and not just the ones Kemala is receiving from the factory.

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Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad
Paul [167]

Answer:

the answer for the first question is $166667.

the answer for the second question is $210526

the answer for the third question is An inverse.

Explanation:

given information that i will invest in a $10000 scholarship that will pay forever.

the interest rate charged is 6.00% per annum therefore this is a perpetuity present value problem where there is streams of income forever therefore we use the formula :

Pv of perpetuity= Cf/r

where Cr is the cash flows payed by the single investment forever in this case $10000 then r is the interest rate of the investment amount which is 6% in this case.

Pv of Perpetuity= $10000/6%

                           =$166667 therefore i must invest this amount to get the scholarship running with streams of $10000 forever.

in the second problem if now the interest rate is changed from 6% to 4.75% then the amount to be invested would be :

Pv of perpetuity = $10000/4.75%

                              =$210526 therefore this is the amount to be invested for a forever $10000 stream of incomes for a scholarship.

the relationship is indirect cause as the interest rate decreases the present value of the perpetuity that must be invested increases.

3 0
2 years ago
What is the maximum amount you would pay for an asset that generates an income of $ 250,000 at the end of each of five years if
Galina-37 [17]

Answer:

170,146

Explanation:

$250,000 / (1.08)5= 170,146

3 0
2 years ago
Stone and brick are substitutes in home construction. consider the market for bricks depicted below. suppose the price of stone
sp2606 [1]

Answer: Price of bricks will increase

Explanation: Since Stone and bricks are substitutes to each other, a rise in the price of stone due to the new regulation will lead to a rise in the demand for bricks. Since bricks are now relatively cheaper as compared to stones after the price rise, people will use more bricks than stones. This will shift the demand for bricks to the right driving upwards the price for bricks and also increase the quantity of bricks being sold in the market.  

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2 years ago
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Which of the following situations is the best use of endnotes in a business report?
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You are considering investing in a security that matures in 10 years with a par value of $1,000. During the first five years, th
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Answer:

$1,060.75

Explanation:

the yield to maturity of the second bond is to 4% semiannual or 8.16% effective annual rate.

so we have to calculate the quarterly interest rate that yields an effective annual rate of 8.16%:

0.0816 = (1 + i)⁴ - 1

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now we must discount the first bond using that effective interest rate:

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the bond's current market value = $456.39 + $327.66 + $276.70 = $1,060.75

7 0
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