What Is the Composite Score for Location B

question 48

Multiple Choice

What is the composite score for location B?

• A)76
• B)75
• C)78
• D)74
• E)76.33

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Definitions:

Market Wages

The prevailing rate of pay for work or services at a particular time and place, determined by supply and demand in the labor market.

Productivity

The efficiency with which inputs are converted into outputs in a production process, often measured as the ratio of output to input over a specific period.

Income Distribution

The way in which the total income of an economy is distributed among its population.

Rich

Having a great deal of wealth, assets, or resources; affluent.