Refer to the table above. Eduland has a comparative advantage in ________ shoes

A) both designing and stitching B) designing
C) shutting its factory D) stitching

B

Economics

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MSB equals

A) MC + the marginal external cost. B) MC + the marginal external benefit. C) MB + the marginal external cost. D) MB + the marginal external benefit. E) MB + MC.

Economics

In the new Keynesian models,

a. imperfect competition comes is the result of optimizing behavior by individuals. b. perfect competition is assumed with respect to the product market c. a natural monopoly is presumed for the product market. d. both a and c. d. None of the above

Economics