Question: In Myanmar (formerly Burma), 2 laborers, each making the equivalent of $60 per day, can produce 40 units per day. In rural china, 3 laborers,
In Myanmar (formerly Burma), 2 laborers, each making the equivalent of $60 per day, can produce 40 units per day. In rural china, 3 laborers, each making the equivalent of $3 per day, can produce 2 units. In billings montana, 4 laborers, each making $60 per day, can make 120 units. a. Based on labor cost only, which location would be the most economical to produce the item? b. Based on labor productivity costs, which location would be most economical to produce the item?
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