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Author Question: The idea of comparative advantage implies that people or countries A) should specialize in the ... (Read 81 times)

haleyc112

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on: Jun 29, 2018
The idea of comparative advantage implies that people or countries
 
  A) should specialize in the production of goods.
  B) can gain from trading.
  C) can consume at a point outside their production possibilities frontier.
  D) all of the above.

Question 2

A buyer is willing to buy 10 units of a good at a maximum price of 10 per unit. The reservation value of the buyer in this case is:
 
  A) 1.
  B) 10.
  C) 20.
  D) 100.


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dantucker

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


haleyc112

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Reply 2 on: Jun 29, 2018
:D TYSM

pangili4

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Reply 3 on: Yesterday
Gracias!

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