Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Suppose that the average income of a Kenyan is higher than the average income of a South African. What might you conclude? a. South African
Suppose that the average income of a Kenyan is higher than the average income of a South African. What might you conclude?
a. | South African firms are faced with stricter government regulations than Kenyan firms. |
b. | Total income is divided among fewer workers in Kenya since it has a smaller labour force than South Africa. |
c. | Kenyas climate allows for longer growing seasons and therefore Kenya can produce large quantities of grain. |
d. | Productivity in Kenya is higher than in South Africa. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started