Question: In Buffalo Jump, Alberta 2 labourers, each making C$60 per day can produce 100 widgets. In the Peoples Republic of Elsewhere, 6 labourers, each making
In Buffalo Jump, Alberta 2 labourers, each making C$60 per day can produce 100 widgets.
In the Peoples Republic of Elsewhere, 6 labourers, each making the equivalent of C$3 per day, can produce 40 widgets per day.
In rural Phacebukistan, 10 labourers, each making C$2 per day, can produce 45 widgets per day.
Based on labour costs only, which location would be to most economical to produce widgets.
please show work i want to understand :)
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