Question

Labor services in a country might be underpriced relative to productivity becausea) workers are not allowed to freely mover across national boundaries to seek higher wages.b) some countries do a bad job of educating their work force, consequently they are not very productive.c) in some countries there is a shortage of capital investment.d) all of the above are equally important

Answer 1

Labor services in a country might be underpriced relative to Productivity because workers aren't allowed to freely move across national boundaries to seek higher wages. It's option A.

Labor, services, accouterments, outfit, tools, transportation, inventories, and particulars necessary or accessible for Completion by the Contractor of the construction described in the Contract and the carrying out of all duties and scores assessed by the Contract wholly, or any portion thereof, on the Contractor.

Productivity is a measure of profitable performance that compares the number of goods and services produced( affair) with the number of inputs used to produce those goods and services.

Productivity increases when the further affair is produced with the same quantum of inputs or when the same quantum of the affair is produced with smaller inputs.

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