Remain, Stay, Not travel (voyage is a large trip)
Answer:
During a cost benefit analysis, a consumer take in view the worth of his money and what he values more.
Now in order to compare both options and decide, he should go through following steps,
- Compile lists: Make a list of all the cons and pros related to both the options covering all bases.
- Associate monetary value: Associate monetary values to both the options. For example what would be the benefit or lag if either of the options happen or don't happen.
- Set up the equation and compare: Compare the results of the above two steps and see which option has an overall high benefit rate.
This will allow the consumer to analyse both his options and chose the best one.
I believe the answer is where people are continually learning<span> how to learn together.
By learning together, Every members within the same organization could develop better understanding upon a certain new knowledge a lot faster because they're exposed to several new perspectives to approach that new knowledge.</span>
Yes, this makes Mexican workers more cost-effective than U.S. workers, keeping other things constant.
<u>Explanation:</u>
Minimum wage is the amount of money that an employee will get from his employer for working for an hour. This adds up to the total cost of the goods produced by the workers.
If the minimum wage of the workers in Mexico is less than the minimum wage received by the workers in the United States, it means that they are more cost effective and will lead to the production of the goods at a cheaper rate, keeping other things constant in the production process.
