Which of the Following Does Not Explain Why U

question 119

Multiple Choice

Which of the following does not explain why U.S.wage rates are higher than wage rates in developing countries?

• A)better education and training of workers in the United States
• B)greater availability of capital in the United States
• C)use of the latest technology in the United States
• D)higher productivity in the United States
• E)unstable business conditions in the United States

Can analyze the impacts of globalization on personal life, using sociological concepts.

Understands and can define cooperation in a sociological context.

Can analyze cultural conflicts and influences, including the impact of music and media on societal norms.

Understand the factors influencing labor productivity.

---

Definitions:

Materials Cost

Materials cost refers to the total expense incurred to procure the raw materials required for production.

Conversion Costs

The sum of labor and manufacturing overhead expenses necessary to convert raw materials into finished products.

Units Started

Units started refers to the number of items or products that have begun the production process within a given time frame, indicating the level of production activity.

Ending Work

Refers to the value of goods in progress that have not yet been completed at the end of an accounting period, often related to manufacturing processes.