Write a Mathematical Expression for the Situation Described $\frac { 1 } { 6 } \mathrm { c }$

question 135

Multiple Choice

Write a mathematical expression for the situation described.
-Suppose the regular price of a car is c dollars. Write a mathematical expression for the following: "I'll give you one-seventh off regular price."

• A) \(\frac { 1 } { 6 } \mathrm { c }\)
• B) \(c \div \frac { 1 } { 6 }\)
• C) \(c - \frac { 1 } { 6 }\)
• D)6c

Grasp the theory of comparative advantage and its role in determining what goods a nation should produce and trade.

Recognize the primary gains from international trade for involved countries.

Analyze how production and trading possibilities curves imply efficiency and economic growth through specialization.

Calculate the total gains from specialization and trade based on comparative advantage using production possibilities data.

---

Definitions:

American

A term referring to something or someone originating from or related to the United States of America.

British Heritage

The legacy and cultural traditions inherited from Britain, including its history, architecture, and customs.

Indians

A term historically used to refer to the indigenous peoples of the Americas.

Planter Elites

Refers to the wealthy and powerful landowners in agricultural societies, especially in the American South, who owned large plantations and slaves.