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Author Question: A rich nation will trade with a poor nation because the A) poor nation has the absolute advantage ... (Read 163 times)

lindiwe

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on: Jun 30, 2018
A rich nation will trade with a poor nation because the
 
  A) poor nation has the absolute advantage in producing all products.
  B) poor nation has the comparative advantage in producing a product.
  C) rich nation has the comparative advantage in producing all products.
  D) rich nation has the absolute advantage in producing all products.

Question 2

According to the Application, one factor which was responsible for roughly one-third of hybrid vehicles purchased in 2007 was an increase in the price of gasoline.
 
  The increase in sales due to higher gasoline prices describes the economic concept of
  A) marginal thinking. B) rational self interest.
  C) using assumptions to simplify. D) ceteris paribus.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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meryzewe

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lindiwe

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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