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dupoyjohn134 dupoyjohn134
wrote...
Posts: 536
5 years ago

Question 1.

If the slopes of the ________ involving corn and wheat in the United States and Canada are equal, specialization does not benefit either country.



▸ supply curves

▸ demand curves

▸ production possibility frontiers

▸ marginal revenue curves

Question 2.

________ allow(s) a country to produce on its production possibility frontier and consume outside it.



▸ Discovery of new resources

▸ Improvements in technology

▸ A decrease in population

▸ Specialization and trade
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Answer verified by a subject expert
Mtoney9Mtoney9
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Posts: 384
5 years ago
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dupoyjohn134 Author
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5 years ago
Thanks
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