This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the determinants of a country's comparative advantage? What will be an ideal ... (Read 41 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
What are the determinants of a country's comparative advantage?
 
  What will be an ideal response?

Question 2

The demand curve for pizza in Foodieland is vertical. If a tax is imposed on each pizza bought, ________.
 
  A) the burden of the tax will fall entirely on the buyers
  B) the burden of the tax will fall entirely on the sellers
  C) the tax incidence on the sellers will be higher than that on the buyers
  D) the deadweight loss due to taxation will be large


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

connor417

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

The determinants of a country's comparative advantage are:
a) Natural resources
b) Stocks of man-made resources
c) Technology
d) Education, work habits, and experience of the labor force
e) Relative abundance of labor and capital
f) Climate

Answer to Question 2

A


luminitza

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 29, 2018
Thank you


connor417

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Balancing selection and heterozygote advantage. Balancing selection and heterozygote advantage.
Comparative profiles of the lion and tiger. Comparative profiles of the lion and tiger.
David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today. David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today.
Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ... Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ...
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library