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

Author Question: The gains from trade include: i. lower prices from competition ii. greater output from ... (Read 70 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
The gains from trade include:
 
  i. lower prices from competition
  ii. greater output from specialization
  iii. greater variety of goods and services available
  A) ii only
  B) i and iii only
  C) i and ii only
  D) i, ii, and iii
  E) ii and iii only

Question 2

Using this consumption function, the marginal propensity to consume is
 
  A) 1.33. B) 0.75. C) 1.5 trillion. D) 2 trillion. E) 0.
 
  The figure above shows three different consumption functions for a nation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
Gracias!

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

The energy input and output of glycolysis. The energy input and output of glycolysis.
Body cavities. (A) Lateral view of a sagittal section through the body. (B) Anterior view of a front Body cavities. (A) Lateral view of a sagittal section through the body. (B) Anterior view of a front
GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library