Assuming Vice President Smith has to sacrifice more than his assistant in order to engage in full-time typing, we would say that his assistant has a(n) ________ advantage in typing versus Mr. Smith

A) absolute
B) comparative
C) pecuniary
D) overwhelming

B

Economics

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Refer to the above figure. Suppose the demand curve shifts from DA to DB, while the supply curve remains at SA. Which of the following statements is FALSE?

A) There has been an increase in demand. B) Supply has increased. C) More consumers in the market might have caused the demand curve to shift. D) The new equilibrium price is P2, and the new equilibrium quantity is F.

Economics

The two primary markets for savers to get funds to borrowers are the ______.

a. commodities market and retail market b. precious metals market and currency market c. stock market and bond market d. real estate market and consumer goods market

Economics