Question
Although California Olive Ranch's methods for producing olive oil heavily utilize machinery, why might being able to specialize and export olive oil induce U.S. firms
Although California Olive Ranch's methods for producing olive oil heavily utilize machinery, why might being able to specialize and export olive oil induce U.S. firms using those methods to hire more workers overall?
Assume that your family owns and operates a small olive oil production enterprise in a western state. Assume further that you have just been named manager. Your family-run enterprise employs farm workers to pick your olives. Under what circumstances would you recommend to the family that your harvesting and production techniques should be modernized?
Chapter 31
Miller, R. L.. (2021).Economics Today: The Macro View, 20thedition. Pearson: Upper Saddle River, NJ.
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