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Define factor market, factors of production and products market. Is manufacturing returning to the United States? Please discuss this topic and one business in this

  1. Define factor market, factors of production and products market.
  2. Is manufacturing returning to the United States? Please discuss this topic and one business in this situation.
  3. Why "production possibility frontiers/PPF/PPC" & curve is important in a company? Please give a brief discussion of "Tesla" case. Define the opportunity cost.
  4. Do you think that U.S. economic growth can be pushed by technology in 2022? How?
  5. Do you believe that "Specialization and trade" can play a major role on U.S. economic recovery from the pandemic consequences?
  6. Calculate the "GDP percentage change". Please calculate the "percentage change" using: For GDP=$16,397 billion in 2018 and $16,660 billion in 2019.
  7. Discuss the "Role of the Entrepreneur in the Market System".
  8. image text in transcribed
The table on the right shows the relationship between the price of custard ies and the number of pies Jacob buys per week: Price ($/pie) Quantity of pies Weeks $3 6 July 2 2 7 July 9 5 4 July 16 6 3 July 23 1 8 July 30 4 5 August 6 Plot the table data on a graph. Draw a straight line that best fits the points. Calculate the slope of the line please

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