What happened to Kaiser’s cost of producing aluminum when the price of electricity went up? Imagine there was another aluminum plant, Alcoa, that didn’t have the rights to buy electricity at a low price. After the price of electricity went up how did production costs for Alcoa compare to production costs for Kaiser?

Fill in the following table assuming computers are a fixed input that costs $30 per unit to rent and labor is a variable input that costs $12 per unit: Computers Labor Q APL MPL FC VC Cost MC AFC AVC AC 10 0 0 10 1 200 10 2 300 10 3 200 10 4 […]

Compare the short term impact and long term impact on jobs based on steel and aluminum tariffs?

Tariffs and quotas are a hot topic. For this paper, you will research tariff on tires and steel and aluminum. The paper should be a minimum of 500 words, MLA or APA style and use at least three outside sources. Two sources to start: Peterson Institute. Trade Partnership. 1. Compare the short term impact and […]

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