Consider the following specific factors model. Ireland produces food using labor and land and it produces robots using capital and labor (i. e. labor is the mobile factor and capital and land are the specific factors). Assume that the prices of robots and food do not change. There has been a large outflow of Irish workers. Assume that the prices of robots and food do not change in Ireland.
(1). How does the immigration outflow affect the labor employments in robots and food, and the outputs of robots and food? Draw a picture to illustrate your answers. Label all the axes and all the curves .
(2) How does the immigration outflow affect RK? Briefly explain your answers.
(3) How does immigration outflow affect the purchasing power of land owners in terms of food? Briefly explain your answers.

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund