Multiple Choice
The firm that makes a key component of the iPhone outsources production of it to India and Taiwan because
A) although the firm did not want to do this, Apple Computer insisted.
B) economies of scale neglect the human costs of capital transitions.
C) the part can be made cheaply, and the firm spends the savings on research and development.
D) it seeks to eliminate jobs in its home state.
Correct Answer:
Verified
Correct Answer:
Verified
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