Author Question: If resources and goods are free to move across states and if Oregon producers choose to specialize ... (Read 50 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
If resources and goods are free to move across states and if Oregon producers choose to specialize in producing honey while California producers choose to specialize in growing almonds, then we could reasonable conclude that:
 a. California has a comparative advantage in producing almonds.
 b. Oregon has a comparative advantage in producing honey.
 c. the opportunity cost of growing almonds is lower in California than in Oregon.
  d. all of the above are true.

Question 2

Which of the following would not be considered an investment in human capital?
 a. education
 b. training programs
 c. transportation infrastructure
  d. literacy programs



ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library