Author Question: Most t-shirts bought by Americans are made in Asia. U.S. consumers of t-shirts buy these t-shirts ... (Read 258 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
Most t-shirts bought by Americans are made in Asia. U.S. consumers of t-shirts buy these t-shirts because
 
  A) they pay a higher price for t-shirts made in Asia than they would for similar shirts made in the United States.
  B) they pay a lower price for t-shirts made in Asia than they would for similar shirts made in the United States.
  C) they must buy some goods or services produced in Asia.
  D) by so doing they are helping preserve U.S. jobs producing t-shirts.
  E) they know that the United States has a comparative advantage in wearing t-shirts.

Question 2

The production possibilities frontier is the boundary between those combination of goods and services that can be
 
  A) produced and those that can be consumed.
  B) consumed domestically and those that can be consumed by foreigners.
  C) produced and those that cannot be produced.
  D) consumed and those that cannot be produced.


emily12345

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library