Union membership in the United States has remained relatively steady since 1955

Suppose there are only 2 nations, Atlantis and Pacifica, and only two goods, surfboards and kayaks. If Atlantis produces only surfboards, it can make 50 per day. If Atlantis produces only kayaks, it can make 75 per day

If Pacifica produces only surfboards, it can make 75 per day. If Pacifica produces only kayaks, it can make 75 per day. After trade begins, ________ will specialize in the production of surfboards and ________ will specialize in the production of kayaks. A) Atlantis; Pacifica B) Pacifica; Atlantis C) Atlantis; Atlantis D) Pacifica; Pacifica

The Book Nook reduces prices by 20%. If the dollar value of The Book Nook's sales remain constant, it indicates that: a. the quantity of books sold remains constant. b. the demand curve is horizontal

c. the demand curve is vertical. d. the quantity of books sold increases by 20%.