Author Question: The import of Apple iPads assembled in Shanghai at a 295 wholesale price (213 cost and 82 profit ... (Read 49 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
The import of Apple iPads assembled in Shanghai at a 295 wholesale price (213 cost and 82 profit margin) adds more than it should to the U.S. trade deficit with China because
 a. Chinese assembly labor represents only 47  of the wholesale cost
  b. the iPad's popularity has triggered an enormous number of unit sales
  c. wholesale prices only count in the trade statistics if final product prices are higher
  d. as with foreign-assembled minivans, most of the subassembly components come from the U.S.
  e. the Chinese yuan is a managed currency

Question 2

Piece rate pay is
 a. Compensation per dollar of profit of the company
  b. Compensation per dollar of profit of the division
  c. Compensation per piece a worker produces
 d. Compensation per dollar of sales



l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library