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

Author Question: Pursuing comparative advantage means A) adding up the plusses and minuses after a transaction. ... (Read 76 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
Pursuing comparative advantage means
 
  A) adding up the plusses and minuses after a transaction.
  B) doing it to the other person first.
  C) making equal, fair exchanges for equally valued goods or services.
  D) sacrificing something less valuable for the sake of something more valuable.
  E) seeking relative status rather than absolute welfare.

Question 2

Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is 18?
 
  A) 36,000
  B) 3,000
  C) 45,000
  D) 210,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

A, A nurse is adding a medication to an IV line as a piggyback A, A nurse is adding a medication to an IV line as a piggyback
Gangrene of the toes and foot as a result of an infection often means eventual amputation. Gangrene of the toes and foot as a result of an infection often means eventual amputation.
Checking gasoline for alcohol involves using a graduated cylinder and adding water to check if the ... Checking gasoline for alcohol involves using a graduated cylinder and adding water to check if the ...
Norimaki Zushi: Adding garnishes Norimaki Zushi: Adding garnishes
Adding a Poll on Biology Forums Adding a Poll on Biology Forums
A 40.0-kg crate is being raised by means of a rope. Its upward acceleration is 2.00 m/s2. What ... A 40.0-kg crate is being raised by means of a rope. Its upward acceleration is 2.00 m/s2. What ...
Video: Spermatogenesis Animation

For a complete list of videos, visit our video library