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

Author Question: When the economy is using all of its factors of production, the aggregate supply curve is vertical. ... (Read 57 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
When the economy is using all of its factors of production, the aggregate supply curve is vertical.
 
  Indicate whether the statement is true or false

Question 2

A country possesses a comparative advantage in the production of a product if
 
  A) the opportunity cost, in terms of the amount of other products that it gives up to produce this product, is lower than it is for its trading partners.
  B) it possesses an absolute advantage in the production of this good compared to its trading partners.
  C) it is able to produce less of this good per worker than its trading partners.
  D) it can produce more of this good per hour than its trading partners.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tmlewis4706

  • Sr. Member
  • ****
  • Posts: 295
Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Gracias!

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

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?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Interaction web of factors that might influence locust population size. Interaction web of factors that might influence locust population size.
projections of future oil production projections of future oil production
Five Factors of Personality and the Traits they Include Five Factors of Personality and the Traits they Include
Vertical and Horizontal Changes in Pressure Vertical and Horizontal Changes in Pressure
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Production of ABO blood group antigens Production of ABO blood group antigens
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library