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

Author Question: Refer to the figure above. This country has comparative advantage in A) X. B) Y. C) both X ... (Read 74 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Refer to the figure above. This country has comparative advantage in
 
  A) X.
  B) Y.
  C) both X and Y.
  D) Can't tell without more information.

Question 2

If the price of a good rises by 10 and the quantity purchased falls by 15, then demand for the good is ________ and total spending on the good will ________.
 
  A) elastic; increase
  B) inelastic; increase
  C) elastic; decrease
  D) me and so inelastic; decrease


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hollysheppard095

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

figure 18-1 pituitary hormones figure 18-1 pituitary hormones
The comparative brain sizes of different species The comparative brain sizes of different species
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Identify the junction nodes in the circuit shown in Figure 21-1. Identify the junction nodes in the circuit shown in Figure 21-1.
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Febrile Seizure

For a complete list of videos, visit our video library