Which country has a comparative advantage in producing components?
A China has a comparative advantage in producing components.
Which country has a comparative advantage in designing and marketing products?
B The United States has a comparative advantage in designing and marketing products.
Who chooses which goods and services to buy?
By consumers, firms, and government choosing which goods and services to buy.
Which relationship has a positive slope?
a direct relationship has a positive slope value;
Do production managers satisfy consumer wants?
Production managers do not satisfy consumer wants but the government's orders.
Can complications be overcome by abstract simplifications?
complications can be more easily overcome by abstract simplifications made possible using graphs;
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