A person using a discount rate, or 0%, is going to consider the concept of sustainability
A. just a fancy term oil and gas companies use to argue for increased rights to drill.
B. as wise.
C. as unwisely focusing on the present.
D. as overly weighting the future.
Answer: B
Economics
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Two nations can produce computers and software in the amounts given in the table above
Does either nation have an absolute advantage in producing the products? Which nation has a comparative advantage in computers? Which nation has a comparative advantage in software? Explain your answers.
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What does it mean for a firm to be suffering an economic loss? Does this imply that the firm is earning negative profit in the accounting sense? Explain
What will be an ideal response?
Economics