A labor-intensive industry primarily differs from a high-wage industry in that

(1 point)
Responses

unions have more influence on salaries in labor-intensive industries than in high-wage industries.
unions have more influence on salaries in labor-intensive industries than in high-wage industries.

the former describes employee pay as a percentage of expenses, while the latter describes individual pay.
the former describes employee pay as a percentage of expenses, while the latter describes individual pay.

the former describes individual pay, while the latter describes employee pay as a percentage of expenses.
the former describes individual pay, while the latter describes employee pay as a percentage of expenses.

manufacturers can set salaries in a labor-intensive industry, while unions can negotiate in a high-wage industry.
manufacturers can set salaries in a labor-intensive industry, while unions can negotiate in a high-wage industry.

the former describes the amount of work that goes into a product, while the latter describes how much the average employee gets paid.

the former describes the amount of work that goes into a product, while the latter describes how much the average employee gets paid.