Whom these goods and services are produced

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Reference no: EM13798036

Apple has chosen to have the components for the iPhone manufactured by more than 30 companies around the world, as opposed to producing everything itself.

Address the three basic economic questions: How does this choice determine what, how, and for whom these goods and services are produced?

Does the fact that Apple outsources so much of its labor affect your decision to buy Apple products?

For U.S. consumers and producers, what are the pros and cons associated with Apple's decisions to outsource production?

Reference no: EM13798036

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