Posts Tagged ‘NY’

  • Is It Better to Outsource or Insource T-shirts?

    A Tale of Two “T-Shirts”

    Feb 14, 12 • 106 Views • Businesses, Demand, Supply, and Markets, Developing Economies, Economic Debates, Economic Thinkers, International Trade and Finance, Labor, Macroeconomic Measurement, Thinking Economically, UncategorizedNo Comments

    What if the cost of producing a woman’s polo shirt is $29.57? Its manufacturers would sell it to retailers for $65.00 who then mark it up to a $155.00 selling price. According to the Wall Street Journal, the land, labor and capital for an upscale green...