Answer:
Candonia has a comparative advantage in the production of <u>LEMONS</u>, while Lamponia has a comparative advantage in the production of <u>COFFEE</u>. Suppose that Candonia and Lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of <u>36</u> million pounds of coffee and <u>36</u> million pounds of lemons.
Explanation:
Since a lot of information was missing, I looked it up and found the attached graphs. The graphs referred to production of coffee and lemons, but I guess they are similar questions.
For every pound of lemons that Candonia produces, it will not be able to produce ¹/₂ pounds of coffee (opportunity cost of producing lemons instead of coffee).
For every pound of coffee that Lamponia produces, it will not be able to produce 1¹/₂ pounds of lemons (opportunity cost of producing coffee instead of lemons).
Answer:
The correct answer is the second option: The price level is constant in the long run.
Explanation:
To begin with, the concept of the <em>"aggregate supply"</em> refers to the total amount of goods and services that firms are willing and are able to offer at a certain price level given and at a determine period of time. Moreover, at the long-run the aggregate supply curve is not affected by many variables as it is in the short run and this is due to the fact in the long run the economy is said to be at full capacity and optimally and also because the changes in the aggregate demand are only affective in the short run to the economy's total output.
Answer:
<h2>
All the best :)</h2>
Explanation:
1: Make Sure You're Fit to be a Firefighter.
2: Meet the Requirements & Take the Tests.
3: Prepare for a Firefighting Career: Education Options.
4: Become Trained as an EMT.
5: Receive Firefighter Training at a Fire Academy.
6: Apply to Your Firefighting Dream Jobs.
Answer:
False.
Explanation:
Self-concept describes the kind of person or personality an individual thinks he or she has.
People that have a realistic self-concept about themselves basically see themselves as they are, not what they or the society at large wants them to be.
The statement that a person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould” is false and an absolutely incorrect notion.
First of all, no organization is interested in hiring an individual with a poor self-concept because they can't add any value to the organization in the long-run.
