Refer to Figure 2-2. The linear production possibilities frontier in the figure indicates that
A) it is progressively more expensive to produce orchids.
B) the tradeoff between roses and orchids is constant.
C) Vidalia has a comparative disadvantage in the production of roses.
D) Vidalia has a comparative advantage in the production of orchids.
B
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The ability of employees to ________ might reduce the possibility or effectiveness of monitoring
A) use the Internet B) complain to management C) telecommute D) change jobs
A survey of professional economists revealed that more than three-fourths of them agreed with fourteen economic propositions. Which of the following is not one of those propositions?
a. The United States should not restrict employers from outsourcing work to foreign countries. b. The United States should withdraw from the North American Free Trade Agreement (NAFTA). c. The United States should eliminate agricultural subsidies. d. Local and state governments should eliminate subsidies to professional sports franchises.