a country's level of economic freedom is influenced by
What will be an ideal response?
the relative size of government expenditures, taxes, and enterprises
the even-handedness of the court system and security of property rights
freedom to trade internationally
Economics
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Refer to Table 2-18. Which of the following statements is true?
A) Mickey has a comparative advantage in making both products. B) Minnie has a comparative advantage in making both products. C) Minnie has a comparative advantage in making hats and Mickey in making umbrellas. D) Mickey has a comparative advantage in making hats and Minnie in making umbrellas.
Economics
Competition in the form of advertising, better customer service, or longer warranties can also reduce profits by raising costs
Indicate whether the statement is true or false
Economics