In Myanmar, six laborers, each making the equivalent of $3.00 per day, can produce 40 units per day. In China, ten laborers

Question

andrey2020 [161]

3 years ago

7

In Myanmar, six laborers, each making the equivalent of $3.00 per day, can produce 40 units per day. In China, ten laborers

, each making the equivalent of $2.00 per day, can produce 45 units. In Billings, Montana, two laborers, each making $60.00 per day, can make 100 units. Based on labor cost per unit only, the most economical location to produce the item is

Business

1 answer:

kati45 [8] · Answer 1 · 2022-03-31T14:51:20+03:00

Answer:

China

Explanation:

Calculation to determine which location would be most economical to produce the item

Using this formula

LaborCost per Unit=Labor Cost per Day/Production(units per day)

Let plug in the formula

Myanmar = 6 Laborers x $3/day = $18/day

Myanmar=$18/day/ 40 units

Myanmar= $0.45/unit

China = 10 Laborers x $2/day = $20/day

China= $20/day/ 45 units

China= $0.444/unit

Montana = 2 Laborers x $60/day = $120/day

Montana= $120/day/100 units

Montana = $1.20/unit

Therefore the location that would be most economical to produce the item is CHINA

In Myanmar​, six ​laborers, each making the equivalent of $3.00 per​ day, can produce 40 units per day. In China​, ten ​laborers

In Myanmar, six laborers, each making the equivalent of $3.00 per day, can produce 40 units per day. In China, ten laborers