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Author Question: Suppose the U.S. can produce 10 units of food and 5 units of clothing (or any such linear ... (Read 97 times)

tatyanajohnson

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on: Jul 1, 2018
Suppose the U.S. can produce 10 units of food and 5 units of clothing (or any such linear combination) and Canada can produce 6 units of food and 4 units of clothing (or any such linear combination). If trade occurs between these two countries, which should produce more food and which more clothing?
 
  What will be an ideal response?

Question 2

If there are diseconomies of scale within a given range of output, which of following is (are) TRUE?
 
  A) The short-run average cost curve must be upward sloping within that range of output.
  B) The long-run average cost curve must be upward sloping within that range of output.
  C) Long-run average cost must equal short-run average cost.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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Perkypinki

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tatyanajohnson

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

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Reply 3 on: Yesterday
Excellent

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