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

question 56

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

-The original comparative advantage model that used the relative abundance of factors of production to explain comparative advantage assumed that countries:

• A)employed all four factors of production; land, labor, capital, and entrepreneurship.
• B)employed only two factors of production; labor and capital.
• C)employed only two factors of production; land and entrepreneurial ability.
• D)worked with a fixed capital stock.
• E)were free to vary their employment of only one factor of production; labor.

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Definitions:

Herbivores

Organisms that primarily eat plants, including leaves, flowers, stems, and sometimes roots, for their nutrition.

Autotrophs

Organisms capable of producing their own food from inorganic substances using light or chemical energy, without consuming organic substances from other organisms.

Heterotrophs

Organisms that cannot synthesize their own food and rely on other organisms — both plants and animals — for nutrition.

Trophic Levels

Refers to the hierarchical levels in an ecosystem, categorized by how energy is obtained, ranging from producers to primary consumers and up to apex predators.