Perhaps the most important reason that u.s. companies have moved industrial production abroad is that the labor of the other nation is paid the low wages than the labor wages in US.
Job outsourcing occurs when U.S. companies hire the foreign workers instead of Americans.
Job outsourcing can help American companies to compete in the economy by keeping prices low, but simultaneously it has a negative effect on
America has lost local jobs to different countries labor such as China, Mexico, India, and other countries with lower wage standards.
Companies outsource domestically as well , they do not rely on the other countries completely U.S. employment but they have been increasing their reliance on freelancers or temp workers, as well as the part-timers.
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The condition that is being met is PRODUCTIVE EFFICIENCY. Productive efficiency refers to a situation in which production is carried out without waste. In this situation, when the average cost of production is reduce to the barest minimum, the economy will be operating on the production possibility frontier.
Answer:
Net income after operating loss for 2019 is equal to $0 dollars and amount of net operating loss carried forward available in 2020 is equal to $5000.
Explanation:
Net loss is not deductible in the current year but can however be carried forward to the subsequent year and deducted against income in that year. Therefore the loss can only be deducted from 2019 on wards. The remainder of the net loss after deducting against 2019 income will be carried over into the subsequent year and therefore $5000 is carried forward to the year 2020.