If the Hourly Wage of U

question 78

Multiple Choice

If the hourly wage of U.S. workers is $16, the hourly wage of Mexican workers is $2, and U.S. workers produce 9 times as much output per hour as Mexican workers, then, all else equal, it would be efficient to locate production facilities in:

• A) the United States since the cost per unit of output will be higher.
• B) the United States since the cost per unit of output will be lower.
• C) Mexico since the cost per unit of output will be higher.
• D) Mexico since the cost per unit of output will be lower.

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Definitions:

Bodily Functions

Physiological activities of the body necessary for sustaining life, such as digestion, respiration, and reproduction.

Physical Function

A person's ability to perform tasks and activities that require physical effort, reflecting the overall state of physical health and wellness.

Intertwining Needs

The concept that human needs and desires are complexly interwoven, affecting each other in various ways rather than existing as separate and distinct elements.

Different Stages

Distinct phases or periods in a process, development, or series of events, each characterized by its own set of conditions or features.