The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3

-A large number of U.S. firms send jobs to low-wage nations as it enables them to:
A) raise the price of their products.
B) reduce their cost of production.
C) get better quality products.
D) obtain diversified products.
E) politically dominate the economies where they are offshoring.
Correct Answer:
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Q34: The figures given below show the demand
Q35: The figure given below shows the demand
Q36: The figures given below show the demand
Q37: The figures given below show the demand
Q38: The figures given below show the demand
Q40: The figures given below show the demand
Q41: The figure given below shows the income-leisure
Q42: The figure given below shows the income-leisure
Q43: The figure given below shows the income-leisure
Q44: The figure given below shows the demand
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