Advocates of outsourcing by American firms maintain that its advantages consist of

Question

Quizplus · Accepted Answer

The production possibilities frontier in Figure 2.3 represents the different combinations of goods that can be produced with the given amount of resources. Outsourcing can lead to a decrease in production costs, which can lead to lower prices for American consumers. Therefore, choice C is the only valid option. Choices A, B, and D are incorrect as they do not represent the benefits of outsourcing.

Advocates of Outsourcing by American Firms Maintain That Its Advantages