No of Worker Hours Output Total Cost Total Revenue
0 0 2000 0
5 400 2025 3200
10 900 2075 7200
20 1600 2100 12800
Labor cost $5.00 per hr
Output $8.00 per unit
Please analyze the below question, using the given illustrative data:this question is on appreciation and depreciation.
a) Given illustrative data for a company selling its output in a foreign country, calculate effects of an appreciation and a depreciation in the exchange rate on the price of its output in that country and the likely effects on the demand for its output.
b) For a company sourcing key inputs in a foreign country, calculate effects of an appreciation and depreciation in the exchange rate on its input prices and the likely effects on the company's cost of product
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