Airlines in Other Countries Buy Airplanes from Boeing Because

question 275

Multiple Choice

Airlines in other countries buy airplanes from Boeing because

• A) it is illegal to produce airplanes in many other countries.
• B) Boeing's prices are less than what the airlines would pay for planes built in their own country.
• C) trade treaties require such purchases.
• D) these nations must buy something from the United States.
• E) None of the above answers is correct.

---

Definitions:

Quantity Supplied

The total amount of a product or service that producers are willing and able to sell at a given price over a specified period.

Derived Demand

The demand for a factor of production or intermediate good that occurs as a result of the demand for another product or service.

Factor of Production

Inputs used in the production of goods or services in the process of wealth creation, including labor, capital, land, and entrepreneurship.

Human Capital Development

Refers to the process of improving an individual's skills, knowledge, and abilities, typically through education and training, to enhance their productivity and potential in the workforce.