Consider this scenario, a discussion question said that the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor and asked if the United States should specialize in production of televisions. Susan said yes, but it would also depend on the cost of labor in China. The instructor said Susan's answer was wrong. Write a reply to Susan explaining why her answer was incorrect.

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Why Specialization Doesnt Depend Solely on Labor Productivity Hi Susan The instructor was right to p... View the full answer