Question: On October 1 5 , 2 0 0 1 , the Los Angeles Times published a story with the headline Defense of the Homeland Comes
On October the Los Angeles Times published a story with the headline "Defense of the Homeland Comes with a Hefty Price Tag." The article states that "the new danger could pose a dilemma for lawmakers, particularly local officials who may find themselves having to choose between school textbooks and firefighters' gas masks." Read the article, and answer the question below. For a copy of the article, click on Homeland Security Article darr.
Assuming that there are only two types of goodscivilian goods, which are purchased by households for their use, and military goods, which are purchased by the government to use to defend the countrydraw the appropriate graph on the axes below to illustrate and explain the preSeptember th situation and the postSeptember th situation. Assume that inputs are specialized. Mark a point representing the preSept. situation and another point representing the postSept. situation on your graph.
civilian goods
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
