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
Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
The Tsunami Threat in Japan
How to solve any rational equation by finding the lowest common denominator (Part 2)
Active solar technologies use for heat, cool, and produce electricity
The Accessory Organs The liver, gallbladder, and pancreas produce digestive secretions that flow
Unmoulding a Timbale of Rice