--%>
Assignment Help - homework help

Gains from Exchange

Can someone help me in finding out the right answer from the given options. Persons or nations that can outperform their competitors in all tasks enjoy: (1) Absolute benefits in all outputs. (2) Relative benefits in all outputs. (3) Comparative benefits in all outputs. (4) Normative benefits in all outputs. (5) Positive benefits in all outputs.

   Related Questions in Managerial Economics

  • Q : Use of Screening and Credentialism

    Critics of the wide use of screening and signaling within hiring practices argue which: (w) formal training is never very important in preparing workers with necessary skills. (x) worker credentials tend to be negatively related to productivity. (y) l

    		•
  • Q : Estimate d 8. The Real Kool Toys

    8. The Real Kool Toys Company manufactures and sells educational toys. An empirical demand function for one of the firm's products has been estimated over the last 21 quarters using regression analysis. The estimated demand function is: QY = -8,000 - 5,000PY + 192A + 120I + 2,000PX (6,000) (1,00

    		•
  • Q : What are the features of phases of

    What are the features of phases of business cycle?

    		•
  • Q : Highest income of supply of labor This

    This worker’s weekly income in this demonstrated figure would be the highest at: (w) point a. (x) point b. (y) point c. (z) point d. How can I solve my Economics problem? Please suggest me the correct answer.

    		•
  • Q : Marginal Product of Labor Diminishing

    Diminishing returns to labor or questions of monitoring and coordination start to overwhelm any gains by specialization and division of labor within this graph at: (1) point a. (2) point b. (3) point c. (4) point d (5) point e.

  • Q : What did professor Marshall illustrates

    What did professor Marshall illustrates about Law of Demand? Answer: According to Marshall “the amount demanded raises along with reduces in price and diminish

    		•
  • Q : Charging similar price by pure

    When all firms in an industry charge similar price for their product, it: (w) proves the existence of a cartel. (x) proves the existence of price leadership. (y) indicates an oligopoly. (z) may be consistent along with either pure competition or oligo

    		•
  • Q : Main determinants of wage differentials

    Main determinants of wage differentials comprise: (1) general human capital requirements. (2) working conditions. (3) occupational crowding (4) specific human capital requirements. (5) All of the above. I need a go

    		•
  • Q : Illustrates the Barometric technique of

    Illustrates the Barometric technique of Demand Forecasting?

    		•
  • Q : Initially purely competitive labor

    When this purely competitive labor market is firstly into equilibrium at D0L, S0L, raise in labor productivity will result within equilibrium being attained at: (w) D0L, S0L. (x) D1L, S0L

    		•