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Author Question: Refer to Table 2-19. Which of the following statements is true? A) Betty has an absolute ... (Read 35 times)

cnetterville

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on: Jun 29, 2018
Refer to Table 2-19. Which of the following statements is true?
 
  A) Betty has an absolute advantage in making benches and Wilma in making statues.
  B) Wilma has an absolute advantage in making both products.
  C) Betty has an absolute advantage in making both products.
  D) Betty has an absolute advantage in making statues and Wilma in making benches.

Question 2

The United States has developed a comparative advantage in film production due to the film industry being long-established in southern California, and lower costs result from the size of the industry in the area.
 
  This source of comparative advantage is referred to as
  A) external economies. B) best practices of unskilled labor.
  C) superior process technology. D) the abundance of natural resources.
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Mollythedog

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Reply #1 on: Jun 29, 2018
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.
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cnetterville

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Reply #2 on: Jun 29, 2018
Correct answers!


Mollythedog

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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