Refer to Table 9-12. Which country has a comparative advantage in producing swords?
A) Estonia B) Morocco C) both countries D) neither country
A
Economics
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The fact that there is a very limited amount of land in Hong Kong means the supply of new apartments in Hong Kong is
A) inelastic. B) elastic. C) unit elastic. D) perfectly elastic. E) limited by the demand.
Economics
Suppose that if there are n users of a network, the value of the membership is proportional to n(n ? 1). If the value of a network to a single user is $1 for each other user on the network, then a network of size 100 has a value of:
a. $9,500. b. $9,900. c. $9,000. d. $10,000. e. $10,100.
Economics