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If it takes Country B three units of labor to produce a computer and two units of labor to produce a TV and it takes Country A four units of labor to produce a computer and five units of labor to produce a TV, then country A has Question 2 options: a) a comparative advantage in computers. b) a comparative advantage in both goods. c) the law of decreasing opportunity cost. do) a comparative advantage in neither good. e) a comparative advantage in TVs
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In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.
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Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
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Describe how to write a main idea expressed as a bottom-line statement
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If it takes Country B three units of labor to produce a computer and two units of labor to produce a...
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