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Author Question: Related to the Economics in Practiceon p. 5: The opportunity cost to Apple of having the hard drive ... (Read 38 times)

Coya19@aol.com

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Question 1

Related to the 
Economics in Practice on p. 5: According to the 
Economics in Practice, ________ of the $10 retail value of a Barbie doll is captured in the United States.


◦ none
◦ 35 cents
◦ $2
◦ $8

Question 2

Related to the 
Economics in Practice on p. 5: The opportunity cost to Apple of having the hard drive produced in Japan by Toshiba is


◦ the wages paid to Japanese workers.
◦ the components of the hard drive which are not produced by Toshiba.
◦ having the hard drive produced by the next best available company.
◦ the value-added captured by Apple in the United States.


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Marked as best answer by Coya19@aol.com on Apr 19, 2019

jliusyl

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Coya19@aol.com

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


marict

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Reply 3 on: Yesterday
:D TYSM

 

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