Consider two countries Daria and Atlantis. Daria is a major producer of wheat and rice while Atlantis specializes in the production of fertilizers and manufacturing equipment
Engaging in free trade benefits both countries since Daria is an agrarian nation and Atlantis lacks arable land. This follows the theory of comparative advantage, and we can say that engaging in free trade benefits all countries that participate in it. Which of the following is an inaccurate assumption on which this conclusion is based?
A. We have assumed a simple world in which there are only two countries.
B. We have assumed the prices of resources and exchange rates in the two countries are dynamic.
C. We have assumed there are barriers to the movement of resources from the production of one good to another within the same country.
D. We have assumed that agrarian nations do not specialize in producing fertilizers.
E. We have assumed diminishing returns to specialization.
A
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All of the statements below are ways in which the researcher can encourage respondents to provide information they are unwilling to give except ________
A) preface the question with a statement that the behavior of interest is common B) provide response categories rather than asking for specific figures C) use randomized techniques D) all of the above
The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students
Assume that the design capacity of the system is 1900 students per semester and that effective capacity equals 90% of design capacity. If the number of students who actually got their orientation session is 1500, what is the efficiency of the system? A) 1350 students B) 1710 students C) 78.9% D) 87.7% E) 90%