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irina [24]
4 years ago
14

Does trading two cookies for two granola bars show a gain from trade

Business
1 answer:
stiks02 [169]4 years ago
3 0
Yes and no. Yes because you get the granola bar you want and no because you lost two cookies
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MariettaO [177]

Answer:Only statements 1 and 2 are correct

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3 years ago
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Give (2) examples how we deal with "Scarcity"
san4es73 [151]

Answer:

Either increasing supply or lowering demand

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increasing supply:

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lowering demand:

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- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)

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but these two are pretty much the same so

also please note I don't take any courses on supply and demand other than geography so I might be completely wrong

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