« previous next »

Author Question: Which of the following generates allocative efficiency in a market economy? A) United Nations ... (Read 22 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
Which of the following generates allocative efficiency in a market economy?
 
  A) United Nations rules for competition B) equity
  C) voluntary exchange between buyers and sellers D) national government intervention

Question 2

Refer to Table 7-6. Which country has an absolute advantage in producing belts?
 
  A) Estonia B) Morocco C) both countries D) neither country


ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

armygirl

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 29, 2018
Thank you :)


ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

A Need for Improved Water-Use Efficiency in Plants A Need for Improved Water-Use Efficiency in Plants
Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates. Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates.
A Tough Economy ...for students A Tough Economy ...for students
Temperature gradient generates a global pattern of circulation Temperature gradient generates a global pattern of circulation
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Age structure for the United States Age structure for the United States
Video: Leukemia

For a complete list of videos, visit our video library