Two isolated nations, alphaland and betaton, are considering opening their borders to trade with each other. both nations consume only two goods: salt and pepper. alphaland can produce either 80 tons of salt per day or 5 tons of pepper per day, while betaton can produce either 3 tons of salt per day or 1 ton of pepper per day. which trade ratios would make both nations better off? correct answer(s) 2 tons of salt for 1 ton of pepper 5 tons of salt for 1 ton of pepper 20 tons of salt for 1 ton of pepper 10 tons of salt for 1 ton of pepper

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.

True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.