Multiple Choice
Related to the Economics in Practice on p.5: The opportunity cost to Mattel of having its Barbie doll assembled in China is
A) the low wages paid to Chinese workers.
B) the $2 export value the doll carries when it leaves Hong Kong.
C) the $8 of its $10 retail value which is captured in the United States.
D) having the Barbie doll assembled in the next best available location.
Correct Answer:
Verified
Correct Answer:
Verified
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