« previous next »

Author Question: If company X is successfully outsourcing its production of T-shirts to China, it is a. Creating ... (Read 95 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
If company X is successfully outsourcing its production of T-shirts to China, it is
 a. Creating wealth by moving labor in China from lower value use to higher value use
  b. Should be stopped on economic grounds since it is destroying wealth
 c. Destroying wealth by acquiring cheaper labor from China
 d. Both A & C

Question 2

Which of the following describes a firm?
 a. Purchases labor hours from workers
 b. Borrows capital from investors
 c. Combines labor and capital to create production, moving them from their low value use to high value use
  d. All of the above


dlook33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Fossil remains of anatomically modern humans from the Czech Republic and from China (center crania) Fossil remains of anatomically modern humans from the Czech Republic and from China (center crania)
The 2012 U.S. presidential campaign rang with “get tough” cries to end Iran’s nuclear capacity and c The 2012 U.S. presidential campaign rang with “get tough” cries to end Iran’s nuclear capacity and c
Cai Guo-Qiang, Project to Extend the Great Wall of China by 10,000 Meters: Project for ... Cai Guo-Qiang, Project to Extend the Great Wall of China by 10,000 Meters: Project for ...
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Examples of Polypeptide Production from Synthetic mRNAs Examples of Polypeptide Production from Synthetic mRNAs
Video: Requirements for nervous signals

For a complete list of videos, visit our video library