'7) Revenues of U.S. manufacturers, 2018 8) Cost of labor (incl. fringes), U.S. manuf., 2018 9) Labor cost as a percent of total cost 10) % reduction in prices when goods are manufactured in low wage countries. 11) What does it mean to say that the increase in consumers' surplus is the benefit from lower prices? Answer: the increase in consumer's surplus is what 12) Rectangle in the consumers' surplus from lower prices on manuf. goods (area D)