Author Question: If resources and goods are free to move across states and if Oregon producers choose to specialize ... (Read 46 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
If resources and goods are free to move across states and if Oregon producers choose to specialize in producing honey while California producers choose to specialize in growing almonds, then we could reasonable conclude that:
 a. California has a comparative advantage in producing almonds.
 b. Oregon has a comparative advantage in producing honey.
 c. the opportunity cost of growing almonds is lower in California than in Oregon.
  d. all of the above are true.

Question 2

Which of the following would not be considered an investment in human capital?
 a. education
 b. training programs
 c. transportation infrastructure
  d. literacy programs



ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library