The making and selling of a pencil for ten cents would likely NOT be possible, but for
A) relative advantage.
B) the production possibilities curve.
C) absolute advantage.
D) the division of labor.
D
Economics
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Fill in the blank: A productive service is a ________ service
A) supplied B) demanded C) technically efficient D) marketed
Economics
The cross-price elasticity of demand of products "A" and "B" is zero. This implies that "A" and "B" are
A) substitute products. B) complementary products. C) independent products. D) unique goods, as the price elasticity of demand for one of them is zero.
Economics