Effect of rising wage rates on supply of manufacture goods

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Reference no: EM131084897

Chinese private-sector wages rose 14 percent in 2012. This trend in rapidly rising wage rates might hurt its manufacturing dominance. Explain the effect of the rising wage rates on the supply of manufactured goods.

Reference no: EM131084897

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Effect of rising wage rates on supply of manufacture goods : Chinese private-sector wages rose 14 percent in 2012. This trend in rapidly rising wage rates might hurt its manufacturing dominance. Explain the effect of the rising wage rates on the supply of manufactured goods.

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