Sketch the Curve and Find Any Points of Maximum or Minimum

question 47

Multiple Choice

Sketch the curve and find any points of maximum or minimum curvature.

• A) maximum curvature: ; minimum curvature:
• B) maximum curvature: ; minimum curvature:
• C) maximum curvature: and ; no minimum curvature
• D) maximum curvature: ; no minimum curvature

Describe the benefits and potential drawbacks of specialization and trade.

Analyze the reasons economists prefer free trade over protectionist policies.

Understand the criteria for engaging in international trade based on comparative advantage.

Evaluate the impact of productivity differences between countries on trade opportunities.