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Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281 Exercise 9
In 2012, manufacturing workers in the United States earned average compensation of $35.67 per hour. That same year, manufacturing workers in Mexico earned average compensation of $6.36 per hour. How can U.S. manufacturers possibly compete Why isn't all manufacturing done in Mexico and other low-wage countries
Explanation
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Labor productivity:
In general wage is ...
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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