« previous next »

Author Question: What are factor endowments? What will be an ideal response?[br][br][b][color=#7BCCB5]Question ... (Read 32 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
What are factor endowments?
 
  What will be an ideal response?

Question 2

If smartwatches are considered substitutes for smartphones, the decline in the price of smartphones would, all else equal
 
  A) increase the quantity of smartwatches demanded.
  B) decrease the quantity of smartwatches demanded.
  C) increase the demand for smartwatches.
  D) decrease the demand for smartwatches.


Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 29, 2018
Answer to Question 1

Factor endowments are the quantity and quality of labor, land, and natural resources of a country.

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Tazate

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jun 29, 2018
Thank you


Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

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

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

How to set up and solve linear models (Question 2) How to set up and solve linear models (Question 2)
How to integrate trigonometric functions containing even powers (Question 1) How to integrate trigonometric functions containing even powers (Question 1)
Economics question Economics question
economic question economic question
economic question economic question
economic question economic question
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library