Do you believe we could increase productivity in the U.S. if we were to change the way we use incentives to encourage productivity? Explain.
May 1, 2020What Are the Economic Values of Rainforests
May 1, 2020Question Description
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nnAssignment:nnIdentify resources/inputs that are important to your industry.nnThis should include 1) labor (with any specific skill sets that might be required) and 2) at least one of the following: raw materials, suppliers, business-to-business services, environment conditions.nnIndicate whether these resources are available in the city or region you have selected. If they are not, where and how would a new business in this city obtain them?nnA good place to find skills required for labor in different industries is at the Department of Labor’s Occupational Outlook website: https://www.bls.gov/ooh/nnDiscuss the impact of these resources on production costs. Some questions to consider might be:n
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- Are there transportation costs involved in acquiring resources?
- Are any functions typically outsourced?
- What type of transaction costs are involved?
- Are there external factors that might affect resources needed in production (eg: weather, regulation
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