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

Author Question: Explain the relationship between relative prices and the slope of a country's production ... (Read 52 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
Explain the relationship between relative prices and the slope of a country's production possibilities frontier.
 
  What will be an ideal response?

Question 2

What agreement has been reached to reduce the moral hazard problem and what does it require?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

Under perfect competition, the two slopes will be equal. This insures that production occurs at the point where price equals marginal cost.

Answer to Question 2

The Basel Capital Accord, which sets capital requirements, requirements for supervisory review, and for requirements for information disclosure.


Bernana

  • Hero Member
  • *****
  • Posts: 530
Reply #2 on: Jun 30, 2018
Correct answers!


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production Predicted effects of piscivores on planktivore, herbivore, and phytoplankton biomass and production
Gasoline prices Gasoline prices
The principle of faunal succession uses animal fossils to tell relative time. The principle of faunal succession uses animal fossils to tell relative time.
Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to
Video: Morphology of a tomato plant

For a complete list of videos, visit our video library