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 58 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
Gracias!

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

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.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Examples of cell-to-cell communication based on the distance between cells Examples of cell-to-cell communication based on the distance between cells
A single crossover cannot produce a viable recombinant A single crossover cannot produce a viable recombinant
Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o Like most world-changing inventions, the printing press of fifteenth-century Europe took advantage o
Controlling access to water in order to gain political and strategic advantage in Gaza Controlling access to water in order to gain political and strategic advantage in Gaza
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Floral components. Anthers produce pollen and ovules produce eggs. Floral components. Anthers produce pollen and ovules produce eggs.
Video: Origin of organelles Animation

For a complete list of videos, visit our video library