Author Question: Related to the Economics in Practiceon p. 5: The opportunity cost to Apple of having the hard drive ... (Read 94 times)

Coya19@aol.com · **on:** Apr 19, 2019

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.

jliusyl · **Reply #1 on:** Apr 19, 2019

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