outsourcing affect the economy
Explain how does outsourcing affect the economy?
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The principle of outsourcing is makes things a little cheaper and increase profitability though some things need to be done 'in house'. We can explain it using example, some employers (largely) outsource recruitment to key posts. The decisions of people may be good at picking positive people, but they actually do not know what is needed by the employer. It often said in Britain, that corporations 'hire people who are good at getting jobs but bad at doing them'. To the extent this is true that it is damaging for all concerned.
Exit from a competitive industry will carry on till economic: (w) losses are driven to zero. (x) profits precisely offset accounting losses. (y) profit exceeds accounting profit. (z) resources have minimum incomes.
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When point e corresponds to $9 per copy for Silver Screen DVDs, Nostalgia Corporation can produce annual economic profit of at mostly about: (i) $25 million. (ii) $35 million. (iii) $50 million. (iv) $75 million. (v) $100 million. Discover Q & A Leading Solution Library Avail More Than 1455747 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1952365 Asked 3,689 Active Tutors 1455747 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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