This topic contains a solution. Click here to go to the answer

Author Question: Explain the relationship between relative prices and the slope of a country's production ... (Read 115 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
Explain the relationship between relative prices and the slope of a country's production possibilities frontier.
 
  What will be an ideal response?

Question 2

What agreement has been reached to reduce the moral hazard problem and what does it require?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

Under perfect competition, the two slopes will be equal. This insures that production occurs at the point where price equals marginal cost.

Answer to Question 2

The Basel Capital Accord, which sets capital requirements, requirements for supervisory review, and for requirements for information disclosure.



Bernana

  • Hero Member
  • *****
  • Posts: 530

atrochim

  • Sr. Member
  • ****
  • Posts: 331

 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

For a complete list of videos, visit our video library