If a person can make $70,000 as an accountant, $60,000 as a chef, $20,000 as a mechanic, and nothing as an opera singer, he or she has a comparative advantage in

Kumiko is not at her consumer equilibrium because she sees too many movies and buys too few books. As she moves toward her consumer equilibrium, her total utility from movies will ________ and her total utility from books will ________

A) decrease; decrease B) increase; decrease C) decrease; increase D) increase; increase

If society decides it wants more of one good and ________, then it has to give up some of another good and incur some opportunity costs

A) new resources are discovered B) all resources are fully utilized C) technology advances D) resources are underutilized