Multiple Choice
In the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. Which of the following statements is correct?
A) U.S. wages will be higher than U.K. wages.
B) U.K. wages will be higher than U.S. wages.
C) Wages in the United States and the United Kingdom will be equal.
D) There will be no relationship between U.S. and U.K. wages.
Correct Answer:

Verified
Correct Answer:
Verified
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