According to the principle of comparative advantage, total output and consumption levels will be highest when goods are produced in nations according to which of the following conditions?

To restrict a firm's monopoly power, why can't antitrust authorities just set a floor or a ceiling in the market?

What will be an ideal response?

Richard Easterlin (1968, 1987) maintains that the 20th century's pattern of births was

(a) affected primarily by Real Gross National Product (Real GNP). (b) negatively affected by the U.S. population's materialistic desires and positively affected by its income. (c) explained by waves of discrimination. (d) explained solely by the wars.