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

Author Question: The advantage in the production of a product enjoyed by one country over another when it uses fewer ... (Read 59 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: May 25, 2020

Question 1

The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing a product is
◦ a productive advantage.
◦ a comparative advantage.
◦ an absolute advantage.
◦ a relative advantage.

Question 2

The advantage in the production of a product enjoyed by one country over another when it uses fewer resources to produce that product than the other country does is
◦ a productive advantage.
◦ an absolute advantage.
◦ a comparative advantage.
◦ a relative advantage.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahriuashd on May 25, 2020

Sophiapenny

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: May 25, 2020
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.
Answer Preview
Only 29% of students answer this correctly


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: May 25, 2020
:D TYSM

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

The production of transgenic crops The production of transgenic crops
Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
The functional role of pRB. The pRB protein product of RB1 The functional role of pRB. The pRB protein product of RB1
Video: Wound Repair Animation

For a complete list of videos, visit our video library