4- Decisions for Tomorrow Suppose the hourly wage rate is $24 in the United States and $3 in China, and productivity is

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4 Decisions For Tomorrow Suppose The Hourly Wage Rate Is 24 In The United States And 3 In China And Productivity Is 1 (27.85 KiB) Viewed 15 times

4- Decisions for Tomorrow Suppose the hourly wage rate is $24 in the United States and $3 in China, and productivity is 20 units per hour in the United States and 4 units per hour in China. Please round your responses to two decimal places. a. What are per unit labor costs in the United States? per unit of labor b. What are per unit labor costs in China? per unit of labor c. If a company's goal is to minimize per unit labor costs, where would the production facility be located? China or the United States?