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QUESTION
The wage in Mexico is $5. The wage in the United States is $20. Given current employment, the marginal product of the last worker in Mexico is 100, ....
The wage in Mexico is $5. The wage in the United States is $20. Given current employment, the marginal product of the last worker in Mexico is 100, ... in the United States is 500. a. Is the firm maximizing output relative to its cost?
