This topic contains a solution. Click here to go to the answer

Author Question: Comparative advantage and relative opportunity costs are the same thing. Indicate whether the ... (Read 30 times)

cool

  • Hero Member
  • *****
  • Posts: 570
Comparative advantage and relative opportunity costs are the same thing.
  Indicate whether the statement is true or false

Question 2

An industry characterized by only a few firms in the market is called:
 a. a monopoly.
 b. monopolistic competition.
  c. an oligopoly.
 d. perfect competition.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

True

Answer to Question 2

c




cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library

Connection Problems

Connection Problems

Sorry, SMF was unable to connect to the database. This may be caused by the server being busy. Please try again later.