Question
Ways that businesses can increase their surplus product (which translates into profit): + Reduce the level of consumption of producers + Implement of a labor-saving
Ways that businesses can increase their surplus product (which translates into profit):
+ Reduce the level of consumption of producers
+ Implement of a labor-saving technical change
+ Implement a capital goods-saving technical change
+ Increase the intensity of labor
+ Lengthen the labor time of the producers (without changing their customary consumption level)
+ Reduce the real price of an imported input (by assertion of power over the exporter)
Which of these ways is most applicable in explaining why businesses in the U.S. get high surplus product and profits by selling acai harvested in Brazil?
https://www.youtube.com/watch?v=3Sqm_v49zno&ab_channel=InsiderBusiness
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