In Cambodia, seven labourers, each making the equivalent of $2.50 per day, can produce 40 units per
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Question:
In
Cambodia,
seven
labourers, each making the equivalent of
$2.50
per day, can produce
40
units per day. In
China,
ten
labourers, each making the equivalent of
$1.75
per day, can produce
51
units. In
Winnipeg,
three
labourers, each making
$57.00
per day, can make
105
units.Shipping cost from
Cambodia
to Halifax, the final destination, is
$1.50
per unit. Shipping cost from
China
to Halifax is
$1.00
per unit, while the shipping cost from
Winnipeg
to Halifax is
$0.20
per unit.Part 2Considering both labour and transportation costs, the most favourable production location is
Cambodia
Winnipeg
China
,
with a total cost (labour and transportation) per unit of
$enter your response here.
(Enter your response rounded to two decimal places.)
Expert Answer:
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