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Author Question: Airlines in other countries buy airplanes from Boeing because A) it is illegal to produce ... (Read 81 times)

tatyanajohnson

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Airlines in other countries buy airplanes from Boeing because
 
  A) it is illegal to produce airplanes in many other countries.
  B) Boeing's prices are less than what the airlines would pay for planes built in their own country.
  C) trade treaties require such purchases.
  D) these nations must buy something from the United States.
  E) None of the above answers is correct.

Question 2

If, by law, we suppress free market prices to determine who gets what,
 
  A) other criteria will come into play to ration scarce goods.
  B) scarcity will be reduced or eliminated.
  C) shortages will be reduced or eliminated.
  D) there will be no alternative way to make the quantity demanded conform to the quantity supplied.


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nmyers

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tatyanajohnson

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Reply 2 on: Jun 29, 2018
Excellent


kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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