Japan and China can both produce guns and rice. The country with the lowest opportunity cost of guns (in terms of rice) will
a. import guns.
b. have a comparative advantage in guns.
c. have an absolute advantage in guns.
d. have a comparative advantage in rice.
Question 2
Under a system of transferable pollution rights, which of the following firms is most likely to purchase a 500 permit to emit a ton of pollutants in to the atmosphere?
a. a non-polluting firm
b. a polluting firm that can reduce emissions at a cost of 500 per ton
c. a polluting firm that can reduce emissions at a cost of 200 per ton
d. a polluting firm that can reduce emissions at a cost of 600 per ton
Basidiomycetes produce diverse fruiting bodies.
Durkheim believed that modern societies produce feelings of isolation, much of which come from the ...
Total Fertility Rate in Japan: Actual versus Forecast
Cost Accounting: A Managerial Emphasis 16th Edition
Chicken skewers with rice and potatoes