Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If more and better technology is used for producing wheat in the United States than in a lesser - developed country, then the: a .

If more and better technology is used for producing wheat in the United States than in a lesser-developed country, then the:
a. MRP of the U.S. workers will be higher than the MRP of the workers in the lesser-developed country.
b. MRP of the U.S. workers will be lower than the MRP of the workers in the lesser-developed country.
c. price of wheat will be higher in the United States than in the lesser-developed country.
d. demand for the U.S. workers will be lower than the demand for the workers in the lesser-developed country.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these General Management questions

Question

Find reactions of support 1,2 and 3 F=10KN, a=2m, ?a=60 (45%) F 2a

Answered: 1 week ago

Question

What do you think you will bring to the organization?

Answered: 1 week ago

Question

a. Recognize that internal attitudes can influence your message ?

Answered: 1 week ago