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 35 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: May 25, 2020

Question 1

The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing a product is
◦ a productive advantage.
◦ a comparative advantage.
◦ an absolute advantage.
◦ a relative advantage.

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
◦ a productive advantage.
◦ an absolute advantage.
◦ a comparative advantage.
◦ a relative advantage.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahriuashd on May 25, 2020

Sophiapenny

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: May 25, 2020
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


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Production efficiency. Production efficiency.
In nest, under production In nest, under production
Stressing that education reproduces a country’s social class system, conflict theorists point out ... Stressing that education reproduces a country’s social class system, conflict theorists point out ...
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
Use the product rule to find derivative Use the product rule to find derivative
The phenotype of an organism is the product of interactions The phenotype of an organism is the product of interactions
Video: Requirements for nervous signals

For a complete list of videos, visit our video library