A network externality causes firms to sacrifice profits in the short run in order to satisfy their customers and increase their long-run profits

Refer to the figure above. Which apartment is the best feasible choice for the individual?

A) Apartment 1 B) Apartment 2 C) Apartment 3 D) Apartment 4

The ratio of a country's average export price to its average import price is

(a) its absolute advantage. (b) its comparative advantage. (c) its terms of trade. (d) its exchange rate.