By the Principle of Comparative Advantage,Natasha Should Specialize in Producing

question 147

Multiple Choice

By the principle of comparative advantage,Natasha should specialize in producing

• A) both cheese and houses.
• B) cheese.
• C) houses.
• D) neither cheese nor houses.
• E) a little of both goods.

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Definitions:

Social Responsibility

The ethical framework suggesting that an individual or organization has an obligation to act for the benefit of society at large.

Compound

A substance formed when two or more chemical elements are chemically bonded together.

Simple

Easy to understand or do; not complicated.