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If More and Better Technology Is Used for Producing Wheat

Question 70

Multiple Choice

If more and better technology is used for producing wheat in the United States than in a lesser-developed country, then the:

A) MRP of the U.S. workers will be higher than the MRP of the workers in the lesser-developed country.
B) MRP of the U.S. workers will be lower than the MRP of the workers in the lesser-developed country.
C) demand for the U.S. workers will be lower than the demand for the workers in the lesser developed country.
D) price of wheat will be higher in the United States than in the lesser-developed country.
E) wages of the U.S. workers will be lower than the wages of the workers in the lesser-developed country.

Correct Answer: