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

Author Question: If Canada has an absolute advantage in the production of oil relative to the United States, then we know that (Read 147 times)

kled

  • Full Member
  • ***
  • Posts: 136
on: Oct 12, 2022
If Canada has an absolute advantage in the production of oil relative to the United States, then we know that
◦ the opportunity cost of producing oil is lower in Canada than in the United States.
◦ Canada also has a comparative advantage in producing oil.
◦ Canada may or may not have a comparative advantage in producing oil relative to the United States.
◦ the opportunity cost of producing oil is higher in Canada than in the United States.
◦ Canada also has a comparative advantage in producing some good other than oil.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kled on Oct 12, 2022

hariet5

  • Full Member
  • ***
  • Posts: 157
Reply #1 on: Oct 12, 2022
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 56% of students answer this correctly


kled

  • Member
  • Posts: 136
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Estimated terrestrial net primary productivity across Canada. Estimated terrestrial net primary productivity across Canada.
Pair Production and Annihilation Pair Production and Annihilation
Ten Leading Causes of Death in the United States, 2010. Ten Leading Causes of Death in the United States, 2010.
Age pyramid of Canada and Afghanistan Age pyramid of Canada and Afghanistan
Daily Variations in Temperature and Relative Humidity Daily Variations in Temperature and Relative Humidity
The production of a new allopolyploid species The production of a new allopolyploid species
Video: Hemoglobin's affinity with oxygen - carbon dioxide, temperature and bisphosphoglycerate (BPG)

For a complete list of videos, visit our video library