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 35 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?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

The metabolic pathway that breaks down phenylalanine and its relationship to certain genetic disease The metabolic pathway that breaks down phenylalanine and its relationship to certain genetic disease
The Relationship Between Religion and Spirituality The Relationship Between Religion and Spirituality
The vagina, sagittal section showing the location of the vagina and its relationship to the cervix, The vagina, sagittal section showing the location of the vagina and its relationship to the cervix,
The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri
Double-label fluorescence microscopy can visualize the relative distributions of Double-label fluorescence microscopy can visualize the relative distributions of
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library