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

Author Question: If Canada has an absolute advantage in the production of oil relative to the United States, then we know that (Read 150 times)

kled

  • Full Member
  • ***
  • Posts: 136
on: Oct 12, 2022
If Canada has an absolute advantage in the production of oil relative to the United States, then we know that
◦ the opportunity cost of producing oil is lower in Canada than in the United States.
◦ Canada also has a comparative advantage in producing oil.
◦ Canada may or may not have a comparative advantage in producing oil relative to the United States.
◦ the opportunity cost of producing oil is higher in Canada than in the United States.
◦ Canada also has a comparative advantage in producing some good other than oil.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kled on Oct 12, 2022

hariet5

  • Full Member
  • ***
  • Posts: 157
Reply #1 on: Oct 12, 2022
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 56% of students answer this correctly


kled

  • Member
  • Posts: 136
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Types of Farms in the United States Types of Farms in the United States
Decomposition of Productivity Gap Between India and the United States Decomposition of Productivity Gap Between India and the United States
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
By the People: A History of the United States, AP Edition By the People: A History of the United States, AP Edition
Infant mortality by income quintile, urban Canada, 1996 Infant mortality by income quintile, urban Canada, 1996
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library