(Figure: a Firm's Production with and Without Offshoring I) If

question 95

Multiple Choice

(Figure: A Firm's Production With and Without Offshoring I) If this firm offshores its component production and exports R&D, how many units of each will it have available in equilibrium?

• A) 60 R&D; 120 components
• B) 80 R&D; 80 components
• C) 100 R&D; 100 components
• D) 80 R&D; 200 components

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Definitions:

Voluntary Responses

Reactions that are consciously controlled and performed by an individual in response to external stimuli.

Inborn

Inborn refers to characteristics, traits, or abilities that are present from birth, as opposed to those acquired or learned over time.

Automatic Connection

The unconscious linking of thoughts, emotions, or behaviors based on past experiences, habits, or biological factors.

Previously Established Association

Refers to a link or connection between two concepts, objects, or events that has been formed through experience or learning.