Q. You run a small factory in which you produce flutes. Labor is your only inconsistent input in the short-run. At your present level of production, the standard product of labor is 6 flutes per day also the marginal product of labor is 8 flutes per day. It follows which
Q. Imagine which the people in your nation are convinced which international trade is harmful to their incomes also works also which your task is to change their minds. Illustrate what kinds of programs would you implement to educate your people about the benefits of trade? Describe how every would help change people's attitudes.