Which of the Following Statements Is False

question 71

Multiple Choice

Which of the following statements is false?

• A)Countries with low labor costs often have a multitude of sweatshops.
• B)There has been a decrease in maquiladoras in recent years.
• C)A workforce's union status may be a key locational determinant for some organizations.
• D)Expatriate work assignments can be costly.

---

Definitions:

Long Run

Refers to a period in economics where all factors of production can be adjusted, and all costs are variable, allowing for complete industry adjustment.

Renovate

The process of restoring or improving a building, room, or structure to make it more attractive, functional, or to bring it up to current standards.

Marginal Product Curve

A graphical representation showing how the addition of a single unit of resource alters the total output of a good or service.

Total Product

The total output of goods and services produced by a firm or industry over a specific period.