This topic contains a solution. Click here to go to the answer

Author Question: Which of the statements about the gains from international trade is CORRECT? A) Everyone gains ... (Read 211 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
Which of the statements about the gains from international trade is CORRECT?
 
  A) Everyone gains from international trade.
  B) Some people gain from international trade and some lose, though overall the gains exceed the losses.
  C) Some people gain from international trade and some lose; overall the gains exceed the losses.
  D) Everyone loses from international trade.

Question 2

The table above shows the total utility from the two goods Freddy likes to consume. If Freddy has consumed 4 fruit drinks and then decides to drink another
 
  A) his total utility will increase.
  B) the marginal utility from the 5th drink equals 30.
  C) the marginal utility from the 5th drinks equals 50.
  D) Both answers A and B are correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parker125

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

D




nummyann

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Gracias!

 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library