Business, 02.01.2020 20:31 SoccerHalo
Which of the following statements is true? a)only canada can benefit from trade because the united states has an absolute advantage inthe production of both soybeans and alfalfa. b)trade will benefit both countries because the united states has a comparative advantage in the production of soybeans and canada has a comparative advantage in the production of alfalfa. c)trade will benefit both countries because the united states has a comparative advantage in the production of alfalfa and canada has a comparative advantage in the production of soybeans. d)trade will benefit neither country because the united states has an absolute advantage in the production of both soybeans and alfalfa, but canada has a comparative advantage in theproduction of both soybeans and alfalfa
Answers: 1
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 22.06.2019 21:00
At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.
Answers: 2
Business, 22.06.2019 23:00
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
Answers: 2
Which of the following statements is true? a)only canada can benefit from trade because the united s...
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