Some of the work comes from the: (Please let me know if you need help with access to this...

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Some of the work comes from the: (Please let me know if you need help with access to this book)

Economics Today: The Micro View, Sixteenth EditionAnswer the two questions at the back of the chapter: Problems 28-2, 28-8 [ 2 points each ]

Part II

Briefly state how a country might gain when a business outsources and what the country may lose.

Give a sound reason for each and do not give the same reason for both answers.

Robert · Accepted Answer

Q28-1
	L
	TP
	MPP
	MRP=MPP*P
	10
	200
	-
	
	11
	218
	18
	18*100=1800
	12
	234
	16
	1600
	13
	248
	14
	1400
	14
	260
	12
	1200
	15
	270
	10
	1000
	16
	278
	8
	800
Q 28-2
a.
With L= 15 MRP= 1000 and this is the max wage firm is willing to pay 
b. 
If w= 1200 the firm will hire L= 14 as MRP = wage at this level. 
c.
An increase in demand will increase price, which will increase MRP. This will allow the firm to hire more labor.

Some of the work comes from the: (Please let me know if you need help with access to this book) Economics Today: The Micro View, Sixteenth EditionAnswer the two questions at the back of the chapter:...

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