Question

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 units. In billings, montana, 2 laborers, each making $60 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the it

Answer 1

Answer:

The most economical location is in China.

Step-by-step explanation:

Consider the provided information.

The total laborers cost is the number of laborers times per day pay.

In myanmar (formerly burma), 6 laborers, each making the equivalent of $3 per day, can produce 40 units per day.

Total laborers cost is: 6×$3 = $18

Per unit laborers cost is: $\frac{\ 18}{40}=\ 0.45$

In rural china, 10 laborers, each making the equivalent of $2 per day, can produce 45 units.

Total laborers cost is: 10×$2 = $20

Per unit laborers cost is: $\frac{\ 20}{45}=\ 0.4\bar{4}$

In billings, montana, 2 laborers, each making $60 per day, can make 100 units.

Total laborers cost is: 2×$60 = $120

Per unit laborers cost is: $\frac{\ 120}{100}=\ 1.2$

Thus, the most economical location is in China.

Answer 2

Answer:

China is most economical.

Step-by-step explanation:

Labor cost per unit production in Mayanmar is=(6×3)/40 =18/40 =$0.45

Labor cost per unit production in China is

= (10×2) /45 = 20/45= $0.44

Labor cost per unit production in Montana is = (2×60) /100 = 120/100 = $ 1.2

Thus comparing all the three places it can be said that China is the most economical place for producing the units.