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Author Question: Choices must be made because of scarcity; people do not have enough time or money to get everything ... (Read 46 times)

DyllonKazuo

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on: Jun 30, 2018
Choices must be made because of scarcity; people do not have enough time or money to get everything they want.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Specialization and trade benefits a participating country that:
 a. specializes in those things they have both a comparative and absolute advantage in.
 b. specializes in those things they have a comparative advantage in, even if they have an absolute disadvantage.
  c. They specialize in those things they have an absolute advantage in, even if they have a comparative disadvantage.
  d. Does either a. or b.


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tandmlomax84

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


DyllonKazuo

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Reply 2 on: Jun 30, 2018
Gracias!

kishoreddi

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Reply 3 on: Yesterday
Excellent

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