A firm that sells headphones at 5 the piece has two plants, Ask an Expert

Economics

A firm that sells headphones at $5 the piece has two plants, one in San Diego (US) and one in Tijuana (Mexico). Both plants make the same product but workers in Tijuana make $32 per day and workers in San Diego make $64 per day. Given current employment, the marginal product of the last worker in Tijuana is 150 units, and the marginal product of the last worker in San Diego is 200 units.

a) What are the Marginal Revenue Product values in Tijuana and San Diego?

b) Where the firm gets the most of its investment in labor? Why?

c) If you would be the manager of this firm, where would you add more workers? Why

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91559662

Have any Question?Write your Review or question?

Related Questions in Business Economics

From a deontological ethical framework construct an

From a deontological ethical framework, construct an argument either in favour of a minimum wage or against it.

Describe two factors contributing to the gender pay gap

Describe two factors contributing to the gender pay gap. Write one equation or one graph for each. What policies could the government pursue to address each factor? Should the government do so?

With smaller companies saving thousands and larger

With smaller companies saving thousands and larger companies saving billions through flexible manufacturing, if you are a discrete parts manufacturer seeking to be more lean, it is important to consider whether this migh ...

True and false question and need to explain itthe theory of

True and False Question and need to explain it The theory of comparative advantage states that trade arises due to different amounts of labor and capital in a country. What arises trade in neo-classical model and o-h mod ...

The average number of women in a shelter each night is 250

The average number of women in a shelter each night is 250 with a standard deviation of 75. If the city's capacity is 350 people will there be enough beds to meet the demand 95% of the time? How many women will be in the ...

The distribution of the monthly amount women spent on

The distribution of the monthly amount women spent on supermarket in Houston city has a mean of $675 and a standard deviation of $80. A random sample of 64 families in this city is selected. Which Excel statement will fi ...

Discuss the benefits and challenges of developing

Discuss the benefits and challenges of developing center-based learning environments.

What are the minimum first quartile median third quartile

What are the minimum, first quartile, median, third quartile, maximum, interquartile range, and range of the data set below? Make a box-and- whisker plot. 25, 25, 30, 35, 45, 45, 50, 55, 60, 60

One of the authors received a credit card bill for 2988 but

One of the authors received a credit card bill for 2,988, but it included a charge of 1,834 that was not valid. Find the values of the absolute and relative errors the absolute value is 1,834 what is the relative errors?

Is implementing tqm can be difficult amp expensive1 what do

Is Implementing TQM can be difficult & expensive. 1) What do you think are the top 3 or 4 causes of implementation failure? 2) Why are these issues are such a problem.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert