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

Author Question: If Country A has a comparative advantage in the production of oil relative to Country B, then (Read 77 times)

jojoperlo_

  • Full Member
  • ***
  • Posts: 152
on: Oct 12, 2022
If Country A has a comparative advantage in the production of oil relative to Country B, then
◦ the opportunity cost of producing oil is higher in Country A than in Country B.
◦ the opportunity cost of producing oil is lower in Country A than in Country B.
◦ Country A also has an absolute advantage in producing some good other than oil.
◦ Country A also has an absolute advantage in producing oil.
◦ Country A when compared to Country B must have an absolute 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 jojoperlo_ on Oct 12, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
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


jojoperlo_

  • Member
  • Posts: 152
Reply 2 on: Oct 12, 2022
Gracias!

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Apparent motion of Alpha Centauri relative to Beta Centauri Apparent motion of Alpha Centauri relative to Beta Centauri
Double-label fluorescence microscopy can visualize the relative distributions of Double-label fluorescence microscopy can visualize the relative distributions of
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
A diver shines light up to the surface of a flat glass-bottomed boat at an angle of 30 relative ... A diver shines light up to the surface of a flat glass-bottomed boat at an angle of 30 relative ...
A 2-kg box of taffy candy has 40 J of potential energy relative to the ground. Its height above ... A 2-kg box of taffy candy has 40 J of potential energy relative to the ground. Its height above ...
The production of a new allopolyploid species The production of a new allopolyploid species
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library