Answer: B) The government charges a tax on imports, which companies pass on in the prices they charge buyers
Explanation:
Answer:
As a result of the rule limiting the size of the House of Representatives to _435 members, U.S. congressional districts on average now have very substantial populations
• increases self awareness
• allows for reflection
• opens up more effective communication
• helps people hold themselves accountable
Answer:
Explanation:
Elizabeth should concentrate on making pie because she has a comparative advantage over Benjamin in pie making while Benjamin has comparative advantage in cake baking.
According to the Ricardian model of comparative advantage, countries should concentrate in the production of goods they have comparative advantage in making and exchange or import goods they do not have comparative advantage in making. This is the basis of trade between nations according to the Ricardian model.
Answer:Key Takeaways. Pure capitalism is a free, private economic system that allows voluntary and competing private individuals to plan, produce, and trade without government interference. A mixed economic system is an economy that allows private property ownership, but there is some government involvement
Explanation:
