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Author Question: In the 1970s and 1980s, the United States lost its comparative advantage in consumer electronics ... (Read 222 times)

s.tung

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In the 1970s and 1980s, the United States lost its comparative advantage in consumer electronics goods to Japan. What factor was most responsible for the development of Japan's comparative advantage in consumer electronics goods?
 
  A) Japanese firms benefited from external economies.
  B) Japan has abundant supplies of natural resources needed to produce electronics goods.
  C) Japanese firms excelled in process technology.
  D) Japan has abundant supplies of labor.

Question 2

Refer to Figure 7-3. On the above graph, identify the market equilibrium price and quantity, the efficient equilibrium price and quantity, and the value of the deadweight loss resulting from too few people receiving vaccinations.
 
  What will be an ideal response?


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yahahah24021

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s.tung

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Reply 2 on: Jun 29, 2018
:D TYSM


meganmoser117

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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