This topic contains a solution. Click here to go to the answer

Author Question: Comparative advantage and relative opportunity costs are the same thing. Indicate whether the ... (Read 50 times)

cool

  • Hero Member
  • *****
  • Posts: 570
Comparative advantage and relative opportunity costs are the same thing.
  Indicate whether the statement is true or false

Question 2

An industry characterized by only a few firms in the market is called:
 a. a monopoly.
 b. monopolistic competition.
  c. an oligopoly.
 d. perfect competition.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

True

Answer to Question 2

c




cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library