Someone may choose to own a car instead of leasing because: a the car can be resold later to make some money back. b the car can be resold later for a higher price. c the maintenance costs for a leased car are generally higher. d the insurance costs for a leased car are highe

Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9,000 pizzas. now consider the following statement: “through international specialization and trade, a nation can reduce its opportunity cost of obtaining goods and thus ‘move outside its production possibilities curve.’”