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

Author Question: If Bolivia can produce 6 calculators or 3 televisions in a day, and Argentina can produce 4 ... (Read 115 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
If Bolivia can produce 6 calculators or 3 televisions in a day, and Argentina can produce 4 calculators or 12 televisions in a day, then Bolivia would be willing to trade 1 calculator for 1 television with Argentina.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the United States could produce 4 tons of potatoes or 2 tons of wheat per worker per year, while Ireland could produce 2 tons of potatoes or 3 tons of wheat per worker per year, the country with the comparative advantage in producing potatoes is ____ and the country with the absolute advantage in producing potatoes is ____.
 a. the United States; the United States
  b. the United States; Ireland
 c. Ireland; the United States
 d. Ireland; Ireland


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


nautica902

  • Hero Member
  • *****
  • Posts: 591
Reply #2 on: Jun 30, 2018
Thank you


sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Four different spindle attachments produce four second-division segregation patterns Four different spindle attachments produce four second-division segregation patterns
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo
A common autosomal recessive allele can produce a pedigree that looks like an autosomal dominant tra A common autosomal recessive allele can produce a pedigree that looks like an autosomal dominant tra
Stepwise processing of pri-miRNA to produce miRNA Stepwise processing of pri-miRNA to produce miRNA
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library