A country that has a lower opportunity cost of producing a good:
a. has a comparative advantage.
b. can produce the good using fewer resources than another country.
c. requires fewer labor hours to produce the good.
d. all of these.
a
Economics
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Sports announcers often refer to a batter in a hitting slump as "being due." If they are correct, then it must be the case that
A) a batter's hits are randomly distributed. B) a batter's at-bats are related to each other. C) a batter's at-bats are independent of each other. D) baseball players are acting irrationally.
Economics
A nationally chartered bank is a commercial bank that receives its charter from the Comptroller of the Currency and is subject to both federal law and the laws of the state in which it operates
Indicate whether the statement is true or false
Economics