The typical firm in many industries has become ________ over the ...

[notis]

The typical firm in many industries has become ________ over the past 100 years, and efficiently organizing production has become ________.
 
  A) larger; easier B) larger; more difficult
  C) smaller; easier D) smaller; more difficult

Question 2

Your roommate Hansen argues that American producers cannot compete with foreign producers because wages are lower in foreign countries than in the United States. Hansen
 
  A) is incorrect. Free trade raises living standards by increasing economic efficiency.
  B) is advancing the anti-dumping argument for protectionism.
  C) is correct in arguing that the high wages of U.S. workers make it impossible to compete with workers in low-wage countries.
  D) is right in asserting the need to protect high wages if the United States wishes to maintain its high standard of living.

[DHRUVSHAH]

Answer to Question 1

B

Answer to Question 2

A

[notis]

Thank you

[DHRUVSHAH]

No problemo