« previous next »

Author Question: Refer to Table 2-6. Which of the following statements is true? A) Lucy has a comparative ... (Read 61 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jun 29, 2018
Refer to Table 2-6. Which of the following statements is true?
 
  A) Lucy has a comparative advantage in making both products.
  B) Lucy has a comparative advantage in making tricycles and James in making wagons.
  C) James has a comparative advantage in making both products.
  D) Lucy has a comparative advantage in making wagons and James in making tricycles.

Question 2

If there is currently a shortage of dollars, which of the following would you expect to see in the foreign exchange market?
 
  A) The dollar will appreciate.
  B) There will be an increase in the supply of dollars.
  C) There will be an increase in the demand for dollars.
  D) The dollar will depreciate.


karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Juan Gris, The Table. Juan Gris, The Table.
Periodic Table of the Elements Periodic Table of the Elements
Apply effleurage and direct pressure on attachments of pectoralis minor. Lift one arm off the table ... Apply effleurage and direct pressure on attachments of pectoralis minor. Lift one arm off the table ...
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
Use the information in the above table to establish a Born-Haber cycle to determine the ... Use the information in the above table to establish a Born-Haber cycle to determine the ...
Christmas table decoration ideas Christmas table decoration ideas
Video: Electrical changes in the heart

For a complete list of videos, visit our video library