Read Eye on the Dream liner and then answer the following questions: How many firms are involved

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Read Eye on the Dream liner and then answer the following questions:

  1. How many firms are involved in the production of the Dream liner and how many are identified in the figure ?
  2. Is the Dream liner a capital good or a consumption good? Explain why? 
  3. State the factors of production that make the Dream liner and provide an example of each.
  4. Explain how the production of the Dream liner influences what, how, and for whom, goods and services are produced.
  5. Use a graph to show where in the circular flow model of the global economy the flows of the components listed appear and where the sales of Dream liners appear.
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Related Book For  book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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