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

Author Question: International trade arises from A) absolute advantage. B) comparative advantage. C) importation ... (Read 177 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
International trade arises from
 
  A) absolute advantage.
  B) comparative advantage.
  C) importation duties.
  D) the advantage of execution.

Question 2

If the price elasticity of demand for peanut butter is 2.4, then peanut butter
 
  A) has an elastic demand.
  B) has an inelastic demand.
  C) has a unit elastic demand.
  D) is a normal good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Themember4

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Excellent

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Comparative illustration of a leopard (left) and cheetah (right) Comparative illustration of a leopard (left) and cheetah (right)
Steric relationship of the stereoisomers of alanine to the absolute configuration of L Steric relationship of the stereoisomers of alanine to the absolute configuration of L
Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
International space station International space station
Comparative Morphology Comparative Morphology
Video: Integumentary Anatomy

For a complete list of videos, visit our video library