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

Author Question: The United States has a comparative advantage and specialize in the production of airplanes. ... (Read 132 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 29, 2018
The United States has a comparative advantage and specialize in the production of airplanes. Compared to the situation with no trade, which of the following will occur?
 
  A) More airplanes will be produced in the United States.
  B) There will be no change in the price of airplanes in the United States.
  C) The world price of airplanes will increase.
  D) The quantity of airplanes demanded in the United States will increase.

Question 2

In the above figure, which demand curve illustrates perfectly elastic demand?
 
  A) G
  B) H
  C) I
  D) J


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sylvia

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Bilingualism in the United States Bilingualism in the United States
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Tom Wills-Wright, Burj Al-Arab, Dubai, United Arab Emirates. Tom Wills-Wright, Burj Al-Arab, Dubai, United Arab Emirates.
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
Kudzu native to Asia is overgrowing trees across the southeastern United States. Kudzu native to Asia is overgrowing trees across the southeastern United States.
The production of a new allopolyploid species The production of a new allopolyploid species
Video: Electrical changes in the heart

For a complete list of videos, visit our video library