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In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $3 per day, can produce 40...

In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $3 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $2 per day, can produce 45 units. In Billings, Montana, 2 laborers, each making $60 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the item?

 

Jul 30 2020 View more View Less

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