Author Question: A country exports the goods A) for which its domestic prices are very high compared to the world ... (Read 110 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
A country exports the goods
 
  A) for which its domestic prices are very high compared to the world prices.
  B) that the economy can produce the most of.
  C) that the economy can produce at relatively lowest opportunity cost.
  D) that it cannot sell domestically.
  E) in which it has a comparative disadvantage.

Question 2

In a progressive tax system, ________.
 
  A) the average tax rate equals the marginal tax rate
  B) the marginal tax rate exceeds the average tax rate
  C) the average tax rate exceeds the marginal tax rate
  D) the average tax rate is equal for all taxpayers



carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library