Ford Motor Company started producing the Model A at plants scattered around the United States
A) to locate its production centers closer to its customers.
B) because it was not able to attract skilled workers in Michigan (where its first plant was located).
C) because diseconomies of scale at its initial River Rouge plant resulted in high production costs.
D) to save on transport costs.
C
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A money flow in the circular flow diagram is
i. the government's collection of taxes. ii. Chevrolet's production of SUVs. iii. Nike's payment of wages to its workers. A) i only B) ii only C) i, ii and iii D) ii and iii E) i and iii
Since World War II, the likelihood that any single item in the typical consumption basket of a consumer in the U.S. originated outside of the U.S
A) remained constant. B) increased. C) decreased. D) fluctuated widely with no clear trend. E) increased slightly before dropping off.