Based on the fact that producers would earn more profits from employing cheap labor, this statement is true.
What is one objective of producers?
Producers are profit maximizing which means that they try to employ strategies that would earn them more profits.
One such strategy is the hiring of as much cheap labor as they can so that they can improve production levels at little cost.
Find out more on cheap labor at https://brainly.com/question/1112850.
#SPJ1
