International parcel service has installed a new radio

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Reference no: EM1320344

Q1. The law of comparative advantage states that a nation is better off when it produces goods also services for which it has the comparative advantage. Elucidate how is a comparative advantage obtained?

Q2. If a country has a working-age population of 200 million, 135 million people with jobs also 15 million people unemployed also seeking employment, then its labor force is:

Q3. The international parcel service has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is 65,000 also the projected annual

 

Reference no: EM1320344

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