The theory of comparative advantage was proposed by

A. Adam Smith.
B. David Ricardo.
C. Eli Heckscher.
D. Karl Marx.

Answer: B

Economics

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In the above table, if the market is perfectly competitive and unregulated, the equilibrium price will be

A) $50 per unit. B) $60 per unit. C) $70 per unit. D) $110 per unit.

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Compare and contrast the concepts of income and wealth. Are these measured as a stock or a flow? Explain

What will be an ideal response?

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