One reason some manufacturing companies have moved production from overseas locations back to the United States is an increasing preference by U.S.consumers for products made in the United States.If buyers have increased their preference for domestically produced goods and manufacturers believe they can increase revenues by supplying more of these goods, firms are following which key economic idea when they return production to the United States?

Question

Quizplus · Accepted Answer

The manufacturing companies are responding to the economic incentive of increased demand for domestically produced goods by moving production back to the United States. This is in line with the key economic idea that people respond to economic incentives.

One Reason Some Manufacturing Companies Have Moved Production from Overseas