Answered

In countries where labor costs are very low, personal selling is used to a lesser extent than in high-cost countries.

Select one:
A. True
B. False



Answer :

GinnyAnswer

Final answer:

Low wages in certain industries enable underselling and outsourcing to reduce costs and impact production technologies.


Explanation:

Low wages enable a country to undersell another in certain industries, often leading to outsourcing to take advantage of lower labor costs. This practice can reduce costs for firms and impact production technologies used in different wage economies.


Learn more about Labor costs and global competition here:

https://brainly.com/question/32667590


Other Questions