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.

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries