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

Author Question: What is meant by gains from specialization? What will be an ideal ... (Read 50 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
What is meant by gains from specialization?
 
  What will be an ideal response?

Question 2

Refer to the above table. The equilibrium real GDP is
 
  A) 14 billion. B) 12 billion. C) 15 billion. D) 13 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

6ana001

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

Gains from specialization are the economic gains that the society can obtain by having some individuals, regions or countries specialize in the production of certain goods and services.

Answer to Question 2

A


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Wow, this really help

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Strength Gains: Based on Sets and Repetitions Strength Gains: Based on Sets and Repetitions
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
This isn’t exactly what’s meant by the phrase “You are what you eat,” but it’s close This isn’t exactly what’s meant by the phrase “You are what you eat,” but it’s close
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library