Two name brand electronic companies have decided join the cellular phone production market. To save money on how much they pay their employees, they have decided to have their new phones manufactured overseas.
Which of the basic economics questions have these companies answered?
i. What should be produced?
ii. How should it be produced?
iii. Who will use what is produced?
A. i only
B. iii only
C. i and ii only
D. i, ii, and iii

How has urban renewal affected poorer neighborhoods in major cities? check all that apply. 1. communities have been transformed to meet the needs of the modern population. 2. old stores and factories have been renovated and used for new purposes. 3. crime rates have increased as more money has come into the neighborhoods. 4. many community businesses have gone into decline or been forced to close. 5. a number of african americans have been displaced from their homes.