Solved

If More Foreign Auto Plants Relocate to the United States

Question 70

Multiple Choice

If more foreign auto plants relocate to the United States, we would expect


A) the U.S. supply curve for automobiles to shift to the right.
B) the U.S. supply curve for automobiles would shift to the left.
C) that the U.S. auto market would not respond.
D) that U.S. auto demand might change, but U.S. auto supply would remain static.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions