Microeconomics

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What is the "quantity demanded"? Started by tth	3 Replies 17 Views	May 24, 2019 by frejo
Which of the following are examples of a market? i. the New York Stock Exchange ii. a used car lot ... Started by nelaaney	1 Replies 26 Views	May 24, 2019 by Heffejeff
Explain why specialization and trade increases a country's overall level of consumption. Started by joe	3 Replies 24 Views	May 24, 2019 by flexer1n1
How can a nation that is at an absolute disadvantage gain from trade? Started by littleanan	1 Replies 22 Views	May 24, 2019 by dlook33
Two nations can produce computers and software in the amounts given in the table above. Does either ... Started by stevenposner	1 Replies 20 Views	May 24, 2019 by nital
Omar and John can fix computers or write computer programs. The table above shows the number of ... Started by joesmith1212	3 Replies 32 Views	May 24, 2019 by guyanai
How is economic growth shown in a production possibilities frontier graph? Started by Pea0909berry	1 Replies 58 Views	May 24, 2019 by lorealeza
Why is the production possibilities frontier bowed out? Started by mikaylakyoung	3 Replies 27 Views	May 24, 2019 by Animal_Goddess
Before the first Gulf War, Kuwait had the capacity to produce a certain amount of oil from its oil ... Started by ts19998	1 Replies 25 Views	May 24, 2019 by mjbamaung
Draw a production possibilities frontier between beans and peas. Label the unattainable points, the ... Started by Haya94	3 Replies 42 Views	May 24, 2019 by javimendoza7
On a production possibilities frontier diagram, where are production points that have tradeoffs? ... Started by AEWBW	1 Replies 57 Views	May 24, 2019 by DHRUVSHAH
What does it mean when a "free lunch" is available? Relate your answer to the production ... Started by codyclark	3 Replies 29 Views	May 24, 2019 by matt
How can a combination of goods be unattainable? Started by lindiwe	1 Replies 30 Views	May 24, 2019 by pikon
In one hour John can produce 20 loaves of bread or 8 cakes. In one hour Phyllis can produce 30 ... Started by 09madisonrousseau09	3 Replies 45 Views	May 24, 2019 by Tonyam972
The gains from trade include: i. lower prices from competitionii. greater output from ... Started by nmorano1	1 Replies 29 Views	May 24, 2019 by meryzewe
In terms of a nation's production possibilities frontier, what impact does international trade have? Started by chads108	3 Replies 24 Views	May 24, 2019 by InfiniteSteez
The United States is one of the richest nations in the world, Started by plus1	1 Replies 23 Views	May 24, 2019 by orangecrush
In the table above, Jack's comparative advantage is producing ________ and Jill's comparative ... Started by ericka1	3 Replies 40 Views	May 24, 2019 by aprice35067
In the table above, Jill's opportunity cost for 1 pound of food is ________ and her opportunity cost ... Started by Lisaclaire	1 Replies 90 Views	May 24, 2019 by bimper21
In the table above, Jack's opportunity cost for 1 pound of food is ________ and his opportunity cost ... Started by sc00by25	3 Replies 84 Views	May 24, 2019 by nixon_s
If Tom can wax a car in fewer hours than Jerry, then Tom definitely has Started by Zoey63294	1 Replies 21 Views	May 24, 2019 by Toya9913
Rika's opportunity cost of producing 100 t-shirts is 50 jackets. Jeff's opportunity cost of ... Started by Coya19@aol.com	3 Replies 75 Views	May 24, 2019 by tmlewis4706
Alice and Gene work in the mailroom, sorting and delivering mail. In order for them to benefit from ... Started by imowrer	1 Replies 20 Views	May 24, 2019 by Ksanderson1296
Having a comparative advantage means a nation can Started by tichca	3 Replies 27 Views	May 24, 2019 by CharlieArnold
If Toni has an absolute advantage in both sewing and ironing when compared to Tom, then Started by jace	3 Replies 104 Views	May 24, 2019 by cassie_ragen