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Author Question: Anna and Maria produce shirts and ties. The figure above shows Anna's PPF and Maria's PPF. Anna and ... (Read 69 times)

EY67

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on: Jun 29, 2018
Anna and Maria produce shirts and ties. The figure above shows Anna's PPF and Maria's PPF. Anna and Maria can achieve the gains from trade if Anna produces ________ and Maria produces ________.
 
  A) ties; shirts
  B) shirts and ties; only ties
  C) only ties; shirts and ties
  D) shirts; ties

Question 2

Which of the following statements is true?
 
  A) Correlation can only arise when causation is not present.
  B) Causation can only arise when correlation is not present.
  C) Correlation arises when there is causation and can also arise even when there is no causation.
  D) Causation arises when there is correlation between two variables, and can also arise even when there is no correlation.


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k2629

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


EY67

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

alexanderhamilton

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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