Movement of production from advanced high-income economies to low-income economies indicates a movement along
A) a usage curve.
B) a learning curve.
C) an economy of scale line.
D) a product life cycle.

Question

Quizplus · Accepted Answer

This movement is indicative of a product life cycle, where products initially produced in high-income economies are eventually manufactured in low-income economies as they mature and become standardized, seeking lower production costs.

Movement of Production from Advanced High-Income Economies to Low-Income Economies