Consider two individuals, Nigel and Mia, who produce hair pins and bandanas. Nigel's and Mia's hourly productivity are shown in Table 3.3. Which of the following is TRUE?
A) Nigel has both an absolute and comparative advantage in bandana production.
B) Nigel has both an absolute and comparative advantage in hair pin production.
C) Nigel has neither an absolute nor comparative advantage in hair pin production.
D) Nigel has neither an absolute nor a comparative advantage in bandana production.
Question 2
Firms consider the ________ wage when considering whether to hire additional units of labor.
A) minimum B) real C) normal D) nominal
Female individuals of the banded Uromastyx, Uromastyx flavofasciata, are different colours. Most nat
guy with hair
Diagram of a hair follicle.
The Accessory Organs The liver, gallbladder, and pancreas produce digestive secretions that flow
The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not
The large, white flowers of giant saguaro cactus (Carnegiea gigantea) produce sweet nectar. The flow