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Social Studies, 12.11.2019 22:31 lke123
Consider two firms producing smartphones. one uses a highly automated robotics process, whereas the other uses workers on an assembly line and pays overtime when there is heavy production demand.
a. which firm will have higher profits in a recession? robotics firm workers firm
b. which firm will have higher profits in a boom? robotics firm workers firm
c. which firm's stock will have a higher beta? robotics firm workers firm
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