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Company X, a profit-maximizing employer that makes picture frames, is expanding and needs to pick a location for its new plant. It is considering two
Company X, a profit-maximizing employer that makes picture frames, is expanding and needs to pick a location for its new plant. It is considering two sites: one in Texas and one in Mexico, where wages are roughly one-quarter of what they are in Texas. Use economic theory to analyze the factors CompanyX will take into account when making its decision.
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