Multiple Choice
If you can make $25,000 a year teaching, $20,000 a year writing computer programs, $30,000 a year driving a cab, and $40,000 a year as an actor or actress. You have a comparative advantage in
A) teaching.
B) writing computer programs
C) being an actor or actress.
D) one of them but we need more information to know which.
Correct Answer:
Verified
Correct Answer:
Verified
Q344: Which factor of production includes crude oil
Q345: Bill Bonecrusher graduates from college with a
Q346: Jose and Maria work at a restaurant.
Q347: In economic terminology, the accumulated training and
Q348: In economics, international trade is based on
Q350: Explain how comparative advantage, specialization and division
Q351: When a society takes increasing amounts of
Q352: As an economy moves from point to
Q353: A straight-line production possibilities curve has<br>A) an
Q354: Generally, specialization leads to<br>A) constant opportunity costs.<br>B)