Refer to Table 3

question 29

Multiple Choice

Refer to Table 3.2,which shows some costs and benefits of having your car repaired.Suppose you use your car to deliver pizzas.If your wage increases from $10 to $20 per hour,what happens to your best choice of hours to spend on car repairs?

• A) It increases by 1 hour.
• B) It decreases by 1 hour.
• C) It doesn't change.
• D) It decreases by 2 hours.

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Definitions:

Domestic Suppliers

Companies that provide goods or services within the same country as the company purchasing from them.

Special Economic Zones

Geographically designated areas within a country where business and trade laws differ from the rest of the country and are more favorable to attract investments and economic activities.

Rapid Economic Growth

A period where a country's economy expands at a faster rate than its historical average, often leading to increased wealth and employment opportunities.

Foreign Investment

Investment by individuals or companies in assets or businesses located in another country.