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 73 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
Excellent

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ... C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ...
Country of Birth of Authorized U.S. Immigrants Country of Birth of Authorized U.S. Immigrants
Colossal Figure of Akhenaten Colossal Figure of Akhenaten
Steady State in the Two-Country Model Steady State in the Two-Country Model
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ... The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Video: Mitochondrial Structure & ETC Protein Complexes (Protein Complexes and Electron Transport)

For a complete list of videos, visit our video library