Suppose the Factor Market for Computer Engineers Is Competitive in India

question 33

True/False

Suppose the factor market for computer engineers is competitive in India and the United States, but Indian engineers earn one-fifth of what American engineers earn.This means that in India engineers are price-takers, but engineers in America are not.True

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Written rules and regulations governing the operations of a corporation or other formal organizations.

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A legal obligation of one party to act in the best interest of another. The fiduciary relationship is noteworthy for involving a trust and confidence between the fiduciary and the principal.

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