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

Author Question: Between two countries, comparative advantage is found by comparing the: a. relative costs of ... (Read 33 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Between two countries, comparative advantage is found by comparing the:
 a. relative costs of production in each country.
  b. absolute costs of production in each country after accounting for inflation.
  c. labor hours required to produce a bundle of products in each country.
  d. level of interest rates in each country.
  e. shipping and transportation costs of each country.

Question 2

Which of the following is an example of moral hazard?
 a. There are likely more cars of low quality than of high quality offered for sale without warranties in the used car market.
  b. An individual who eats well and exercises regularly chooses not to purchase health insurance.
 c. An individual drives less cautiously after obtaining automobile insurance.
 d. A car salesman offers a full warranty on a used car for 90 days.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Three of the color variants found at Fossil Rim Wildlife Center in Texas Three of the color variants found at Fossil Rim Wildlife Center in Texas
Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o
Standard Medical Record and Types of Reports Found in Record Standard Medical Record and Types of Reports Found in Record
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
Amino sugars are found in many polysaccharides Amino sugars are found in many polysaccharides
Relative levels of neuronal loss in HD transgenic mice Relative levels of neuronal loss in HD transgenic mice
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library