ECN 351 Production of Goods Discussion
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ECN 351 Production of Goods Discussion
Consider this scenario, a discussion question said that the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor and asked if the United States should specialize in production of televisions. Susan said yes, but it would also depend on the cost of labor in China. The instructor said Susan’s answer was wrong. Write a reply to Susan explaining why her answer was incorrect.