This Table Shows the Price-Level Adjustment as Compared to the United

question 31

Multiple Choice

This table shows the price-level adjustment as compared to the United States.
According to the information given in the table shown,if someone makes $40,000 in the U.S. ,what would his salary need to be in Mexico to maintain the same standard of living?

• A)$60,606
• B)$26,400
• C)$40,000
• D)$13,600

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Definitions:

Push Strategy

A supply chain strategy in which a company builds goods based on a sales forecast, puts those goods into storage, and waits for a customer to order the product.

Responsive Supply Chain

A supply chain structured to quickly respond to market changes and customer demands.

Put-away

The process of moving goods from the receiving area to their designated storage location within a warehouse or distribution center.

Logistics

the process of planning, implementing, and controlling the efficient and effective forward and reverse flow and storage of goods, services, and related information from point of origin to point of consumption.