The higher productivity of U.S. plants makes it possible to pay higher wages.

Question

Quizplus · Accepted Answer

Higher productivity allows companies to generate more revenue and profits, which can then be used to pay higher wages to their employees. This is because higher productivity enables companies to produce more goods and services using the same amount of resources, resulting in lower costs and higher output. Additionally, companies with higher productivity are better able to compete in global markets, leading to higher demand for their products and services and increasing their ability to pay higher wages.

The Higher Productivity of U