« previous next »

Author Question: Refer to Table 2-7. Which of the following statements is true? A) Minnie has an absolute ... (Read 62 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
Refer to Table 2-7. Which of the following statements is true?
 
  A) Minnie has an absolute advantage in making umbrellas and Mickey in making hats.
  B) Minnie has an absolute advantage in making both products.
  C) Minnie has an absolute advantage in making hats and Mickey in making umbrellas.
  D) Mickey has an absolute advantage in making both products.

Question 2

Which of the following would cause the dollar to depreciate?
 
  A) an increase in the demand for dollars
  B) a decrease in the demand for imports from foreign countries
  C) a decrease in the supply of dollars
  D) a decrease in the demand for dollars


Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Drugs and their effect table Drugs and their effect table
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Periodic Table of the Elements Periodic Table of the Elements
Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
The Farm-to-Table Continuum The Farm-to-Table Continuum
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
Video: Proteins

For a complete list of videos, visit our video library