Author Question: External balance refers to A) an economy which is on its LM curve. B) an economy which is on ... (Read 93 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
External balance refers to
 
  A) an economy which is on its LM curve.
  B) an economy which is on its IS curve.
  C) an economy which is on its BP curve.
  D) All of the above.

Question 2

An industry is characterized by scale economies and exists in two countries. In order for consumers of its products to enjoy both lower prices and more variety of choice
 
  A) the two countries must engage in international trade with each other.
  B) each country's marginal cost must equal that of the other country.
  C) the marginal cost of this industry must equal marginal revenue in the other.
  D) the monopoly must lower prices in order to sell more.
  E) they must combine to become a multinational corporation.



morrie123456

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

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?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library