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

Author Question: The advantage in the production of a product enjoyed by one country over another when it uses fewer ... (Read 50 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
on: Apr 19, 2019

Question 1

Country A would have an absolute advantage compared to Country B in the production of corn if


◦ corn can be produced at lower cost in terms of other goods than it could be in Country B.
◦ Country A uses fewer resources to produce corn than Country B does.
◦ the demand for corn is higher in Country A than in Country B.
◦ corn sells for a higher price in Country A than in Country B.

Question 2

The advantage in the production of a product enjoyed by one country over another when it uses fewer resources to produce that product than the other country does is


◦ an absolute advantage.
◦ a comparative advantage.
◦ a relative advantage.
◦ a productive advantage.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by deesands on Apr 19, 2019

frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


deesands

  • Member
  • Posts: 514
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ... Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
The production of electricity from coal is inefficient The production of electricity from coal is inefficient
Closed and Open Food Product Dating Closed and Open Food Product Dating
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Importance of Considering Gestalt Principles in Product Design (2 of 2) Importance of Considering Gestalt Principles in Product Design (2 of 2)
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library