If the ________ cost of production for two goods is different between two countries then mutually beneficial trade is possible
A) explicit B) marginal C) opportunity D) implicit
C
Economics
You might also like to view...
Using Figure 1 above, if the aggregate demand curve shifts from AD1 to AD2 the result in the short run would be:
A. P1 and Y2. B. P3 and Y1. C. P2 and Y2. D. P2 and Y3.
Economics
A monopoly restricts output and charges a higher price than other types of firms.
Answer the following statement true (T) or false (F)
Economics