This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a country has a lower opportunity cost of producing oranges, then this is: a. inefficient ... (Read 40 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
If a country has a lower opportunity cost of producing oranges, then this is:
 a. inefficient resource use.
  b. an absolute advantage.
  c. a tariff.
  d. a comparative advantage.
  e. a situation where oranges should be imported.

Question 2

Some cities finance their airports with a departure tax: every person leaving the city by plane is charged a small fixed dollar amount that is used to help pay for building and running the airport. The departure tax follows the:
 a. benefits-received principle.
  b. ability-to-pay principle.
  c. flat-rate taxation principle.
  d. public-choice principle.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


tth

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

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?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
If a cylinder(s) is lower than most of the others, use an oil can and use two squirts of engine oil ... If a cylinder(s) is lower than most of the others, use an oil can and use two squirts of engine oil ...
Two-handed kneading to lower leg muscles. Knead the belly of the calf muscles using two hands ... Two-handed kneading to lower leg muscles. Knead the belly of the calf muscles using two hands ...
Navel Oranges Navel Oranges
A very thin uniform rod, 2.40 m long and of weight 135 N, has a frictionless hinge at its lower ... A very thin uniform rod, 2.40 m long and of weight 135 N, has a frictionless hinge at its lower ...
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library