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Author Question: Pursuing comparative advantage means A) adding up the plusses and minuses after a transaction. ... (Read 125 times)

Chelseaamend

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on: Jun 29, 2018
Pursuing comparative advantage means
 
  A) adding up the plusses and minuses after a transaction.
  B) doing it to the other person first.
  C) making equal, fair exchanges for equally valued goods or services.
  D) sacrificing something less valuable for the sake of something more valuable.
  E) seeking relative status rather than absolute welfare.

Question 2

Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is 18?
 
  A) 36,000
  B) 3,000
  C) 45,000
  D) 210,000


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spencer.martell

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

D

Answer to Question 2

B


Chelseaamend

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Reply 2 on: Jun 29, 2018
Wow, this really help

ttt030911

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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