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What else can I help you with?
Why do US companies outsource jobs?
To reduce labor costs
In order to reduce labor costs what might a company do?
some companies have outsourced jobs to Another Country as they can reduce labor costs that way.
What do companies use offshoring to do?
Reduce labor costs
In order to reduce their labor cost what might a company do?
outsource some jobs to another country
Paying an above-equilibrium wage rate might reduce unit labor costs by?
increasing the supply of labor
How does mass production reduce cost on goods?
mass production mainly reduces the costs of labor..
What is the purpose of ATMs?
To reduce labor costs for the bank and increase availability of banking service in a safe and cost effective method.
Why does us companies outsource jobs?
Cheaper labour, lower tax rates/government incentives
Why does the type of product influence where it is produced?
The type of product influences where it is produced due to factors like labor costs, skill requirements, access to raw materials, transportation costs, and market proximity. For example, labor-intensive products may be produced in countries with lower labor costs, while perishable goods might be produced closer to their market to reduce transportation time and costs.
Are American leather apparel companies outsourcing?
After 2000, American companies were moving more of their manufacturing abroad to reduce labor costs.
What was the goal of victory gardens?
to reduce the labor needs on farms (apex 2021) :)
Costs can either be prime costs or conversion costs but not both?
direct labor
