Suppose an auto manufacturer has one factoryin the United States and one in Mexico. The automanufacturer produces the same number of carsand the same models in each factory but hiresmore workers in Mexico than in the United States.Give an explanation for the discrepancy in theamount of labor hired in each location

Suppose an auto manufacturer has one factoryin the United States and one in Mexico. The automanufacturer produces the same number of carsand the same models in each factory but hiresmore workers in Mexico than in the United States.Give an explanation for the discrepancy in theamount of labor hired in each location

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter11: Profit Maximization

Section: Chapter Questions

Problem 11.8P

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