Juan valdez, a coffee farmer in colombia, sells his coffee to cafe emporium, a u. s. firm which specializes in gourmet coffee blends. what must be true of this arrangement? when juan and other farmers in colombia sell their coffee beans to foreigners, they gain in the short run, but in the long run will only impoverish their nation as a whole. juan thinks he is better off with this contract, but in reality the wealthy american buyer is taking advantage of juan's naiveté. while this arrangement is good for juan, he would be even better off if the government had negotiated the contract because they could have gotten a better price for juan. all three of these statements must be true. none of these statements must be true.

Eager, a tipped employee, reported to his employer that he had received $320 in tips during march. on the next payday, april 4, he was paid his regular salary of $250. the amount of oasdi taxes to withhold from eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. none of the above. 2 points

What is product differentiation, and how can it be achieved ? what is product positioning? what conditions would head to head product positioning be appropriate?

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.