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QUESTION 3 Consider the following circular flow diagram provided below. 9 Forthe following transaction. please indicate to which arrow or arrows the transaction directly.r applies.

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QUESTION 3 Consider the following circular flow diagram provided below. 9 Forthe following transaction. please indicate to which arrow or arrows the transaction directly.r applies. Transaction: Tesla releases the 2021 version of their Model 3. making it available to the general public. D A D B D C D D QUESTION 4 Suppose Jim and Tom can both produce two goods: baseball bats and hockey.r sticks. Which of the following is not possible? ' .Jim has a comparative advantage in the production of baseball bats and in the production of hockey sticks. . .Jim has an absolute advantage inthe production ofhockey sticks and a comparative advantage in the production of baseball bats. :- c. Jim has an absolute advantage in the production of baseball bats and in the production of hockef,r sticks. .Jim has an absolute advantage in the production of baseball bats and a comparative advantage in the production of hockey sticks

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