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

Author Question: According to the Law of Comparative Advantage, A) production should be based on who can produce a ... (Read 108 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
According to the Law of Comparative Advantage,
 
  A) production should be based on who can produce a product lowest opportunity cost.
  B) production should be based on who can produce more of a good.
  C) production should take into account strategic interests, such as national security.
  D) production should be for the people instead of for profit.

Question 2

Does an increase in the demand for Introductory Economics increase the cost to students of taking the course?
 
  A) No, because tuition rates are not set to clear the market.
  B) Not if the college refuses to hire additional people to teach the course.
  C) Yes, if the course is consequently taught in a larger room, which costs more to heat.
  D) Yes, insofar as students have to accept less satisfactory class schedules in order to take the course.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


fox

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
:D TYSM

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant
A recombination-based map of one of the chromosomes of Drosophila A recombination-based map of one of the chromosomes of Drosophila
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
Durkheim believed that modern societies produce feelings of isolation, much of which come from the ... Durkheim believed that modern societies produce feelings of isolation, much of which come from the ...
British Iron Production, 1600–1870 British Iron Production, 1600–1870
For a particular cell based on the reaction:3 AgCl(s) + Al(s) → 3 Ag(s) + Al3+(aq) + 3 ... For a particular cell based on the reaction:3 AgCl(s) + Al(s) → 3 Ag(s) + Al3+(aq) + 3 ...
Video: What is Cholesterols? Introduction to Lipoproteins

For a complete list of videos, visit our video library