Author Question: A country exports the goods A) for which its domestic prices are very high compared to the world ... (Read 98 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?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library