Which of the following statements is true concerning the minimum wage? a. the minimum wage is set in nominal, not real terms and declines as the price level rises. b. the minimum wage is usually above the wage set in living wage ordinances. c. most minimum wage workers live in households with income below the poverty line. d. over 30% of the u. s. labor force receives the minimum wage

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?