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Given the possibility of continued outsourcing of jobs abroad, what do you think will happen in the United States in the short-run and long-run of

Given the possibility of continued outsourcing of jobs abroad, what do you think will happen in the United States in the short-run and long-run of this practice? Explain your answer.

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MRP1 MRP 2 Units of Price Marginal New Labor Output Marginal Product Revenue Price Marginal Revenue Product Product O O 1 50 50 $20 $1000 $10 $500 2 90 40 $20 $800 $10 $400 120 30 $20 $600 $10 $300 4 140 20 $20 $400 $10 $200 5 150 10 $20 $200 $10 $100 6 155 5 $20 $100 $10 $50

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