FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2012, manufacturing workers in the United States earned an average compensation of $35.67 per hour. That same year, manufacturing workers in Mexico earned average

In 2012, manufacturing workers in the United States earned an average compensation of $35.67 per hour. That same year, manufacturing workers in Mexico earned average compensation of $6.36 per hour. Explain why all manufacturing is not done in Mexico and other low-wage countries?

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_2

Step: 3

blur-text-image_3

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

The Worldly Philosophers The Lives, Times And Ideas Of The Great Economic Thinkers

The Worldly Philosophers The Lives, Times And Ideas Of The Great Economic Thinkers

Authors: Robert L Heilbroner

7th Edition

068486214X, 9780684862149

More Books

Students also viewed these Economics questions

Question

★★★★★
The Wall Street Journal reported that Walmart Stores Inc. is planning to lay off 2300 employees at its Sam's Club warehouse unit. Approximately half of the layoffs will be hourly employees (The Wall...

Answered: 1 week ago

Question

★★★★★
Job satisfaction is a pleasurable emotional state resulting from the appraisal of ones job or job experiences. It represents how you feel about your job and what you think about your job. LO1.

Answered: 1 week ago

Question

★★★★★
give a definition of quantitative job demands;

Answered: 1 week ago

Question

★★★★★
Jana Crebs is a contractor for the construction of large office buildings. At the beginning of 2011, three buildings were in progress. The following data describe the status of these buildings at the...

Answered: 1 week ago

Question

★★★★★
For each of the following independent cases (1 to 4), compute the missing values. Note: Enter all amounts as positive values. Case 1 Case 2 Case 3 Case 4 Beginning raw materials $ 6,100 $ 22,000...

Answered: 1 week ago

Question

★★★★★
How was the case of R v Blaue significant in adding clarity to the law?

Answered: 1 week ago

Question

★★★★★
Question 2 (20 marks) A vertical sag curve 220 m long connects a falling gradient of 5 in 100 and a rising gradient of 3 in 100. The RL and chainage of the gradient intersection point (I) is 90m and...

Answered: 1 week ago

Question

★★★★★
(b) A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The risk-free interest rate is 8% per annum with annual compounding...

Answered: 1 week ago

Question

★★★★★
Fill in the amounts for the Norfolk Southern statement of changes in retained earnings. Note: Use negative signs with your answers, when appropriate. Norfolk Southern Inc. Consolidated Statements of...

Answered: 1 week ago

Question

★★★★★
In a sample of 3,200 registered voters, 1,440, or 45%, approve of the way the president is doing his job. A political pollster states, "Forty five percent of all voters approve of the president."...

Answered: 1 week ago

Question

★★★★★
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 30,000 direct labor-hours would be...

Answered: 1 week ago

Question

★★★★★
Review the etiquette tips. Which three tips dont you use often now that will help you in the future? How will you change your etiquette?

Answered: 1 week ago

Question

★★★★★
What are your thoughts on women showing cleavage at work? Should cleavage be covered or shown? Why? In your opinion, is a low neckline meant to be seductive, with intentional sexual innuendo?

Answered: 1 week ago

Question

★★★★★
Do a job search for the job you are interested in getting. Go online to one or more of the following websites (or others related to your field) to find job opportunities: www.collegejournal.com (jobs...

Answered: 1 week ago

Previous Question Next Question