When a U.S. company shifts its call-center operations overseas to reduce costs, it is applying the economic concept of
A) using assumptions to simplify. B) thinking at the margin.
C) comparative advantage. D) diminishing returns.
C
Economics
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Over time, people in the United States and other high-income countries have, on average, become taller, which is an indication that their nutritional status has improved
Indicate whether the statement is true or false
Economics
If capacity utilization by businesses remains constant, investment spending is likely to be the most volatile component of aggregate expenditures in the United States
a. True b. False Indicate whether the statement is true or false
Economics