Multiple Choice
Concerning the market for radio assemblers, assume that the wage rate is $12 per hour in the U.S.and $3 per hour in Mexico. Also suppose that the marginal product of a Mexican worker is 3 radios per hour. A U.S. worker will be more costly to employ than the Mexican worker if the marginal product of the U.S. worker is
A) 16 radios per hour
B) 20 radios per hour
C) 8 radios per hour
D) 12 radios per hour
Correct Answer:
Verified
Correct Answer:
Verified
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