« previous next »

Author Question: If resources and goods are free to move across states and if Oregon producers choose to specialize ... (Read 73 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Many Natural Resources Can Be Sustained Many Natural Resources Can Be Sustained
The Extraocular Muscles, Which Move the Eyes The Extraocular Muscles, Which Move the Eyes
German and Irish Settlement in the Northeastern United States, 1870 German and Irish Settlement in the Northeastern United States, 1870
Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ... Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ...
Major events in the storage, retrieval, and use of fuels in the fed and unfed states Major events in the storage, retrieval, and use of fuels in the fed and unfed states
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library