The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 89

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-In the light of the infant industry argument, identify the industry which is likely to have substantially high initial costs.

• A)Fashion designing
• B)Retail industry
• C)Iron and steel industry
• D)Dairy industry
• E)Software industry

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Definitions:

Psychological

Pertaining to the mind or mental processes, often involving emotional and cognitive functions.

Gender Stereotype

Preconceived ideas whereby females and males are arbitrarily assigned characteristics and roles determined and limited by their gender.

Weak

Lacking physical strength, power, or vigor; also can refer to lacking strength of character or influence.

Playground

A designated area, often outdoor, equipped for children to play in, typically with recreational equipment such as slides and swings.