If a country began exporting product A and importing product B, then, as compared to the autarky (no-trade) situation, the marginal cost of product A will
A) increase.
B) decrease.
C) shift outward.
D) shift inward.
E) remain the same.
A
Economics
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Suppose that to move more people off the wait list for organ donations, surgeons and hospitals are developing a market for organ swapping. This is an example of a macroeconomics topic
Indicate whether the statement is true or false
Economics
One reason for computing the logarithms (ln), or changes in logarithms, of economic time series is that
A) numbers often get very large. B) economic variables are hardly ever negative. C) they often exhibit growth that is approximately exponential. D) natural logarithms are easier to work with than base 10 logarithms.
Economics