Without specialization, individuals might spend time producing ________ goods.

A. unwanted
B. low cost
C. high cost
D. general

Answer: C

Economics

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Comparative advantage is based on

A) comparing physical endowments, such as mineral resources, of two countries. B) differences in opportunity costs between two countries. C) one country being able to outproduce another country in some good. D) comparing the capital accumulation of two countries. E) two countries producing the same good.

Economics

Pick the decision maker from the list below

A) The head of Al Qaeda B) The Taliban C) The Government of Afghanistan D) The Middle East E) All of the above are decision makers.

Economics