SophiaPretty

(5)

$14/per page/Negotiable

About SophiaPretty

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 3 Days Ago
Questions Answered: 15833
Tutorials Posted: 15827

Education

  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

Experience

  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 07 Sep 2017 My Price 6.00

The following are proper descriptions

The following are proper descriptions about the concepts of absolute and comparative advantage, EXCEPT:

 

Absolute advantage implies being able to produce the same amount of a product with less economic resources than others.

Comparative Advantage means to be able to produce a product with a lower opportunity cost than others.

Gains from trade are generated from specialization and trade based in Absolute Advantage.

   

Absolute advantage does not imply comparative advantage.

The following are proper descriptions about the Demand Curve for certain good X, EXCEPT:

 

Question options:

Is reflects the price the consumer is required to pay per unit consumed. 

It reflects the maximum price the consumer is able and willing to pay for each extra unit consumed. 

It is expected to have a negative slope. 

At any point on the  demand, the marginal cost of consumption equals the marginal benefit of consumption for any given price.  

Answers

SophiaPretty
(5)
Status NEW Posted 07 Sep 2017 12:09 PM My Price 6.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e q-----------uic-----------kly-----------

Not Rated(0)