Question: In Myanmar (formerly Burma), 5 laborers, each making the equivalent of $4 per day, can produce 60 units per day. In rural China, 15 laborers,

In Myanmar (formerly Burma), 5 laborers, each making the equivalent of $4 per day, can produce 60 units per day. In rural China, 15 laborers, each making the equivalent of $3 per day, can produce 65 units. In Billings, Montana, 4 laborers, each making $45 per day, can make 280 units. In addition to labor cost per unit, there is shipping cost per unit to consider. Shipping from Myanmar to Denver, Colorado, the final destination, is $1.50 per unit. Shipping from China to Denver is $1 per unit, while the shipping from Billings to Denver is $.25 per unit. Considering both labor and shipping costs, the least favorable production location is ____.

	A.	Burma
	B.	cannot tell
	C.	China
	D.	Billings, Montana

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

. Consider the following production functions f(L, K) a firm with production labor L and capital K produces = f(L, K) units. For each production function: (i) sketch some \"iso-output\" curves for @...

In Myanmar (formerly Burma), five laborers, each making the equivalent of $6.00 per day, can produce 42 units per day. In China, nine laborers, each making the equivalent of $4.50 per day, can produce

Refer to Problem 8.1. Shipping cost from Myanmar to Denver, Colorado, the final destination, is $3.00 per unit. Shipping cost from China to Denver is $2.00 per unit, while the shipping cost from...

In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $ 3 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $ 2 per day, can produce...

In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $3 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $2 per day, can produce 45...

In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $6 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $4 per day, can produce 45...

In ?(formerly Burma), five ?laborers, each making the equivalent of 6 per? day, can produce 40 units per day. In china?, nine ?laborers, each making the equivalent of 4 per? day, can produ

In Myanmar (formerly Burma), five laborers, each making the equivalent of $6.00 per day, can produce 40 units per day. In China, eleven laborers, each making the equivalent of $4.50 per day, can...

In Myanmar (formerly Burma), six laborers, each making the equivalent of $6.00 per day, can produce 38 units per day. In China, nine laborers, each making the equivalent of $3.50 per day, can produce...

Ken Gilbert owns the Knoxville Warriors, a minor league baseball team in Tennessee. He wishes to move the Warriors south, to either Mobile ( Alabama ) or Jackson ( Mississippi ) . The table below...

1. ( 5 points) In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $4 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $3 per day,...

For each of the following compounds, draw the two chair conformations that are in equilibrium. Cis- I,3-dimethylcyclohexane

Rockets are propelled by the ejection of the products of the combustion of fuel. Consider a rocket of total mass m 1 to be traveling at speed v 1 in a region of space where gravitational forces are...

P9.4 (LO 1, 3, 5) Groupwork (Dispositions, Including Condemnation, Demolition, and Trade-In) Presented below is a schedule of property dispositions for Hollerith Co. Schedule of Property Dispositions...

Distinguish a civil obligation from a natural obligation.