Multiple Choice
Why would Emerald benefit from specializing based on comparative advantage?
A) She could enhance her living standards.
B) She would be doing what she loves most.
C) She would have a wide variety of skills.
D) She could save her income rather than spend it.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: Markets _, and this generates _.<br>A)sell goods;
Q54: When sellers and buyers adjust supply and
Q55: The term "gains from trade" means the<br>A)total
Q56: (Table: Four Persons) The table lists the
Q57: Helena works in a factory that makes
Q59: In markets, prices act as all of
Q60: To maximize production, people should<br>A)focus on the
Q61: (Table: Both Joyce and Simeon can cook)
Q62: As prices _, they provide useful business
Q63: Specialization will increase output when it is