Describe causes of unbalanced capacity system in labor intensive and in capital intensive operations
Describe causes of unbalanced capacity system in labor intensive and in capital intensive operations
Homework Answers
Below mentioned factors are responsible for unbalanced capacity system in Labor intensive and in capital intensive operations:
High cost is involved in managing machinery and running capital intensive operations as compared to Labor intensive operations.
unemployment- due to this factor it's easy to get labor to run operations with margin of negotiations is always there. More capital intensive operations more unemployment in the nation.
Competition- Competitive advantage has redefined the operations structure.
Poverty- due to this labor is compelled to lower down his wages on part of cost cutting which has created a vast undistributed market of labor.
Variability in skilled and unskilled labour.
No rigid labor laws to safeguard interests of labor.
High operating cost in capital intensive operations with more effeciency and effectiveness could be measured.
Labor intensive operations could provide real time feedback, flexible as per the situation.
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Describe causes of unbalanced capacity system in labor intensive
and in capital intensive operations
Production of TVs are relatively capital intensive, and tennis racquets are relatively labor intensive. Suppose Canada...
Production of TVs are relatively capital intensive, and tennis racquets are relatively labor intensive. Suppose Canada has $20 billion of capital and 30 million workers and Mexico has $15 billion of capital and 10 million workers. According to the Heckscher-Ohlin(-Samuelson) model: Canada will import TVs and import tennis racquets. Canada will export TVs and import tennis racquets. Canada will import TVs and export tennis racquets. Canada will export TVs and export tennis racquets.
2. Suppose country X produces two goods- computer (capital intensive) and shoes (labor intensive). The diagram...
2. Suppose country X produces two goods- computer (capital intensive) and shoes (labor intensive). The diagram shows country X's PPF and the change of production point from A to B when country X starts trading with country Y. If country X is abundant in capital and Y is abundant in labor. a. Label the two axes in the diagram. b. Then draw: - the relative price lines before and after trade, - two indifference curves that maximize utility before and...
A depicts production and consumption in a closed economy with labor-intensive Wheat and capital- intensive Cloth. Capital and labor are both perfectly mobile across sectors CHOS model). Read all...
A depicts production and consumption in a closed economy with labor-intensive Wheat and capital- intensive Cloth. Capital and labor are both perfectly mobile across sectors CHOS model). Read all the questions, think carefully and plan your answer before drawing Cloch Wheat (i.e. the Suppose the country opens to trade and this leads to an increase in domestic relative price of wheat rises to now equal the world relative price of wheat). a) Assume actors in the economy respond to the...
3. If a 10 percent increase in both capital and labor causes output to increase by...
3. If a 10 percent increase in both capital and labor causes output to increase by less than 10 percent, the production function is said to exhibit decreas- ing returns to scale. If it causes output to increase by more than 10 percent, the production func- tion is said to exhibit increasing returns to scale. Why might a production function exhibit decreasing or increasing returns to scale?
6. Suppose when Japan opens to trade, it imports rice, a labor-intensive good. a. According to...
6. Suppose when Japan opens to trade, it imports rice, a labor-intensive good. a. According to the Heckscher-Ohlin theorem, is Japan capital-abundant or labor-abundant? Briefly explain. b. What is the impact of opening trade on the real wage in Japan? c. What is the impact of opening trade on the real rental on capital? d. Which group (capital owner or labor) would support policies to limit free trade? Briefly explain.
Suppose when Japan opens to trade, it imports rice, a labor intensive good. According to the...
Suppose when Japan opens to trade, it imports rice, a labor intensive good. According to the Heckscher –Ohlin theorem, is Japan capital abundant or labor abundat? Explain. What is the impact of opening trade on the real wage in Japan? What is the impact of opening trade on the real rental rate on capital? What does the Heckscher Ohlin model assume about labor mobility across industries? Across countries? Which group (capital owners on workers) would support policies to limit free...
Please describe these measurements of system performance (thoroughly): Throughput Capacity Bottleneck
Please describe these measurements of system performance (thoroughly): Throughput Capacity Bottleneck
Describe tobacco cultivation. Why was it so unique and labor intensive? How did tobacco cultivation/cash crops...
Describe tobacco cultivation. Why was it so unique and labor intensive? How did tobacco cultivation/cash crops create inequality in VA? How/why did Tobacco plantation owners transition from indentured servitude to slavery? 1. 2. Why was witchcraft a real worry to Puritans? Describe witchcraft's foundation in Puritan biblical ideology How did Puritan religious views shape their treatment of Indians? Describe Puritan common ideology about land ownership? Why did Puritan preachers talk so much about the Wilderness and Exodus? Why did they...
57. In a two-country world, if country A is the relatively labor-abundant and country B is the relatively capital-a...
57. In a two-country world, if country A is the relatively labor-abundant and country B is the relatively capital-abundant country by the "price" definition of factor abundance and where w is the wage rate and r is the return to capital), then . When the countries move from autarky to Heckscher-Ohlin-type trade, the result will be that a. (w/r)A < (w/r); (w/r) will rise and (w/r)e will fall b. (w/r). < (w/r); (w/r)will fall and (w/r)s will rise c. (w/r)A>...
Problem 2 Suppose when Japan opens to trade, i imports rice, a labor intensive good. n)...
Problem 2 Suppose when Japan opens to trade, i imports rice, a labor intensive good. n) According to the Heckscher -Ohlin theorem, is Japan capital abundant or labor abundat? Explain. Japan? capital? mobility across industries? Across countries? policies to limit free trade? Why? 2) What is the impact of opening trade on the real wage in 3) What is the impact of opening trade on the real rental rate on 4) What does the Heckscher Ohlin model assume about labor...
Production of TVs are relatively capital intensive, and tennis racquets are relatively labor intensive. Suppose Canada has $20 billion of capital and 30 million workers and Mexico has $15 billion of capital and 10 million workers. According to the Heckscher-Ohlin(-Samuelson) model: Canada will import TVs and import tennis racquets. Canada will export TVs and import tennis racquets. Canada will import TVs and export tennis racquets. Canada will export TVs and export tennis racquets.
2. Suppose country X produces two goods- computer (capital intensive) and shoes (labor intensive). The diagram shows country X's PPF and the change of production point from A to B when country X starts trading with country Y. If country X is abundant in capital and Y is abundant in labor. a. Label the two axes in the diagram. b. Then draw: - the relative price lines before and after trade, - two indifference curves that maximize utility before and...
A depicts production and consumption in a closed economy with labor-intensive Wheat and capital- intensive Cloth. Capital and labor are both perfectly mobile across sectors CHOS model). Read all the questions, think carefully and plan your answer before drawing Cloch Wheat (i.e. the Suppose the country opens to trade and this leads to an increase in domestic relative price of wheat rises to now equal the world relative price of wheat). a) Assume actors in the economy respond to the...
3. If a 10 percent increase in both capital and labor causes output to increase by less than 10 percent, the production function is said to exhibit decreas- ing returns to scale. If it causes output to increase by more than 10 percent, the production func- tion is said to exhibit increasing returns to scale. Why might a production function exhibit decreasing or increasing returns to scale?
6. Suppose when Japan opens to trade, it imports rice, a labor-intensive good. a. According to the Heckscher-Ohlin theorem, is Japan capital-abundant or labor-abundant? Briefly explain. b. What is the impact of opening trade on the real wage in Japan? c. What is the impact of opening trade on the real rental on capital? d. Which group (capital owner or labor) would support policies to limit free trade? Briefly explain.
Describe tobacco cultivation. Why was it so unique and labor intensive? How did tobacco cultivation/cash crops create inequality in VA? How/why did Tobacco plantation owners transition from indentured servitude to slavery? 1. 2. Why was witchcraft a real worry to Puritans? Describe witchcraft's foundation in Puritan biblical ideology How did Puritan religious views shape their treatment of Indians? Describe Puritan common ideology about land ownership? Why did Puritan preachers talk so much about the Wilderness and Exodus? Why did they...
57. In a two-country world, if country A is the relatively labor-abundant and country B is the relatively capital-abundant country by the "price" definition of factor abundance and where w is the wage rate and r is the return to capital), then . When the countries move from autarky to Heckscher-Ohlin-type trade, the result will be that a. (w/r)A < (w/r); (w/r) will rise and (w/r)e will fall b. (w/r). < (w/r); (w/r)will fall and (w/r)s will rise c. (w/r)A>...
Problem 2 Suppose when Japan opens to trade, i imports rice, a labor intensive good. n) According to the Heckscher -Ohlin theorem, is Japan capital abundant or labor abundat? Explain. Japan? capital? mobility across industries? Across countries? policies to limit free trade? Why? 2) What is the impact of opening trade on the real wage in 3) What is the impact of opening trade on the real rental rate on 4) What does the Heckscher Ohlin model assume about labor...
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