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

Author Question: If Canada has an absolute advantage in the production of oil relative to the United States, then we know that (Read 160 times)

kled

  • Full Member
  • ***
  • Posts: 136
on: Oct 12, 2022
If Canada has an absolute advantage in the production of oil relative to the United States, then we know that
◦ the opportunity cost of producing oil is lower in Canada than in the United States.
◦ Canada also has a comparative advantage in producing oil.
◦ Canada may or may not have a comparative advantage in producing oil relative to the United States.
◦ the opportunity cost of producing oil is higher in Canada than in the United States.
◦ Canada also has a comparative advantage in producing some good other than oil.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kled on Oct 12, 2022

hariet5

  • Full Member
  • ***
  • Posts: 157
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


kled

  • Member
  • Posts: 136
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Major moons of Uranus in order of increasing distance (left to right), at their proper relative size Major moons of Uranus in order of increasing distance (left to right), at their proper relative size
Importance of intermediate states Importance of intermediate states
Weight management is such a hot topic in the United States that it is frequently Weight management is such a hot topic in the United States that it is frequently
Relative Sizes of Dwarf Planets and Earth Relative Sizes of Dwarf Planets and Earth
Suicide by Age and Sex, Canada, 2017 Suicide by Age and Sex, Canada, 2017
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: Smoking Cessation

For a complete list of videos, visit our video library