SmartExpert

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About SmartExpert

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Elementary,Middle School,High School,College,University,PHD

Expertise:
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Accounting,Business & Finance,Economics,English,HR Management,Math Hide all
Teaching Since: Apr 2017
Last Sign in: 57 Weeks Ago, 3 Days Ago
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  • BS,MBA, PHD
    Adelphi University/Devry
    Apr-2000 - Mar-2005

Experience

  • HOD ,Professor
    Adelphi University
    Sep-2007 - Apr-2017

Category > Business & Finance Posted 24 May 2017 My Price 12.00

GMGT 520 Week 3 Learning Team Deliverable

Complete the Learning Team Deliverable.

 

Purchasing Power Parity (PPP) makes some assumptions. Let's look at it domestically first, for simplicity. Oranges are produced in quantity in Florida and California, for example. There are transportation costs in moving them to Minnesota and New Hampshire, so we can expect the price to be higher in these northern states. Extrapolating from this, we cannot expect the price of oranges to be the same in Norway as in Italy. Taking a more complex product (Big Mac, Mercedes SUV, Boeing 777), what are some factors that can affect pricing based on place of production? Think in terms of labor costs, imported components versus locally produced components (possible tariffs on imports), and transportation costs, for example. Prepare a team paper of 250-500 words giving your analysis and your recommendations for a company management which believes that PPP is 100% correct in all applications.

Answers

SmartExpert
(118)
Status NEW Posted 24 May 2017 09:05 PM My Price 12.00

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file 1495660157-GMGT 520 Week 3 Learning Team Deliverable TEAM B.docx preview (675 words )
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