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 200 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
Gracias!

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
Relative Size of the Body’s Fluid Compartments Relative Size of the Body’s Fluid Compartments
The three states of matter: solid, liquid, and gas. The three states of matter: solid, liquid, and gas.
Prevalence of Food Insecurity in the United States Prevalence of Food Insecurity in the United States
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library