The figure above shows the market for coffee. If 10 million pounds of coffee a month are available, the ________ price that consumers are willing to pay for the last pound is ________

Japan’s remarkable economic growth in the 20th century was a result of _____.

The domestic opportunity cost of producing a television in the United States is 20 bushels of wheat. In Korea, the domestic opportunity cost of producing a television is 10 bushels of wheat. In this case

A. the United States has a comparative advantage in the production of televisions. B. Korea has a comparative advantage in the production of wheat. C. mutual gains from trade can be obtained if the United States imports televisions from Korea and Korea imports wheat from the United States. D. mutual gains from trade can be obtained if the United States imports wheat from Korea and Korea imports televisions from the United States.