The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 87

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Differences in the productivity of labor accounts for comparative advantage if:

• A)the minimum wage varies across countries.
• B)the size of the domestic market varies across countries.
• C)the labor hours required to produce each good varies across countries
• D)the strength of workforce varies across countries.
• E)the laborers are paid different wages in different countries.

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Definitions:

Reconstructed

Reconstructed refers to something that has been built or formed again, often with changes, based on memory or past elements.

Framed

In psychology, framing refers to the way information is presented to influence decision making and judgment.

Unchanging

Not altering, modifying, or evolving; remaining the same over time.

Forgetting Curve

A graph showing how the ability to retain information decreases over time without attempts to retain it.