Choices must be made because of scarcity; people do not have ...

[DyllonKazuo]

Choices must be made because of scarcity; people do not have enough time or money to get everything they want.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Specialization and trade benefits a participating country that:
 a. specializes in those things they have both a comparative and absolute advantage in.
 b. specializes in those things they have a comparative advantage in, even if they have an absolute disadvantage.
  c. They specialize in those things they have an absolute advantage in, even if they have a comparative disadvantage.
  d. Does either a. or b.

[tandmlomax84]

Answer to Question 1

True

Answer to Question 2

d

[DyllonKazuo]

Thanks for the timely response, appreciate it

[lindahyatt42]

Excellent