Author Question: If resources and goods are free to move across states and if Oregon producers choose to specialize ... (Read 28 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
If resources and goods are free to move across states and if Oregon producers choose to specialize in producing honey while California producers choose to specialize in growing almonds, then we could reasonable conclude that:
 a. California has a comparative advantage in producing almonds.
 b. Oregon has a comparative advantage in producing honey.
 c. the opportunity cost of growing almonds is lower in California than in Oregon.
  d. all of the above are true.

Question 2

Which of the following would not be considered an investment in human capital?
 a. education
 b. training programs
 c. transportation infrastructure
  d. literacy programs



ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library