This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Comparative advantage and relative opportunity costs are the same thing. Indicate whether the ... (Read 52 times)

cool

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Comparative advantage and relative opportunity costs are the same thing.
  Indicate whether the statement is true or false

Question 2

An industry characterized by only a few firms in the market is called:
 a. a monopoly.
 b. monopolistic competition.
  c. an oligopoly.
 d. perfect competition.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Motion of the barycenter of the Solar System relative to the Sun Motion of the barycenter of the Solar System relative to the Sun
Relative energies of covalent bonds and noncovalent interactions Relative energies of covalent bonds and noncovalent interactions
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ... First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ...
Comparative substrate cycles in glycolysis/gluconeogenesis Comparative substrate cycles in glycolysis/gluconeogenesis
Relative changes in distribution of sleep stages over the lifespan Relative changes in distribution of sleep stages over the lifespan
Video: Proteins

For a complete list of videos, visit our video library