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According to the concept of comparative advantage, a good should be produced in that nation where A. its domestic opportunity cost is least. B. money is used as a medium of exchange. C. its domestic opportunity cost is greatest. D. the terms of trade are maximized.
According to the concept of comparative advantage, a good should be produced in that nation where its domestic opportunity cost is greatest.
Question|Asked by lovehurts7887
Asked 2/27/2014 11:00:56 PM
Updated 316 days ago|2/1/2018 3:21:03 AM
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According to the concept of comparative advantage, a good should be produced in that nation where its domestic opportunity cost is greatest.
Added 316 days ago|2/1/2018 3:21:03 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/1/2018 7:12:56 AM], Rated good by jeifunk
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Questions asked by lovehurts7887
Taxes on commodities or on purchases are known as _______ taxes. A. personal income B. sales and excise C. payroll D. corporate income
Weegy: Taxes on commodities or on purchases are known as SALES and EXCISE taxes. (More)
Question|Asked by laceupgirl
Expert Answered
Updated 2/28/2014 3:29:43 PM
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Which one of the following statements about stocks is correct?
Question|Asked by laceupgirl
Not Answered
Updated 2/28/2014 4:32:38 AM
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The stock (also capital stock) of a corporation constitutes the equity stake of its owners.
Added 2/28/2014 4:32:38 AM
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Other things equal, the provision of a per unit subsidy for a product will A. increase its supply. B. decrease the quantity sold. C. increase its price. D. decrease its demand.
Question|Asked by laceupgirl
Not Answered
Updated 2/28/2014 4:42:06 AM
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Other things equal, the provision of a per unit subsidy for a product will A. increase its supply.
Added 2/28/2014 4:42:06 AM
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If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A. an increase in supply B. a decrease in supply C. an increase in demand D. a decrease in demand
Question|Asked by lovehurts7887
Not Answered
Updated 2/27/2014 10:49:52 PM
1 Answer/Comment
If consumers are willing to pay a higher price than previously for each level of output, we can say that A. an increase in supply has occurred.
Added 2/27/2014 10:49:52 PM
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The historical reallocation of labor from agriculture to manufacturing in the United States has A. been inflationary. B. had no effect on the average productivity of labor. C. reduced the average productivity of labor. D. increased the average productivity of labor.
Question|Asked by lovehurts7887
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Updated 2/28/2014 12:01:41 AM
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The historical reallocation of labor from agriculture to manufacturing in the United States has increased the average productivity of labor.
Added 2/28/2014 12:01:41 AM
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