Japan and China can both produce guns and rice. The country with the lowest opportunity cost of guns (in terms of rice) will
a. import guns.
b. have a comparative advantage in guns.
c. have an absolute advantage in guns.
d. have a comparative advantage in rice.
Question 2
Under a system of transferable pollution rights, which of the following firms is most likely to purchase a 500 permit to emit a ton of pollutants in to the atmosphere?
a. a non-polluting firm
b. a polluting firm that can reduce emissions at a cost of 500 per ton
c. a polluting firm that can reduce emissions at a cost of 200 per ton
d. a polluting firm that can reduce emissions at a cost of 600 per ton
Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant
Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
Furchgott's discovery that endothelial cells produce a vasodilating substance.
Japan’s Physical Geography
Cost Accounting: A Managerial Emphasis 16th Edition