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

question 41

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 oldest theory of comparative advantage is based on:

• A)factor abundance.
• B)productivity differences.
• C)product life cycles.
• D)preferences.
• E)human skills.

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Definitions:

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Positive Feedback

A mechanism in which an initial change is amplified by its outcomes, often leading to an enhanced response in a system.

Healthy Individuals

Persons who are in a state of physical, mental, and social well-being, not merely the absence of disease or infirmity.

Positive Feedback

A process where a change in a variable triggers mechanisms that amplify that change.