I believe the answer to this question is D and E. I could be incorrect, but I hope this helped!
Not sure what to say but Taxation is theft
(a) Microville has the absolute advantage producing cars. Because the most it can produce is 10 while Macroville can only produce 5.
(b) The opportunity cost is 5 cars if Macroville decides to use all of its resources and produce 20 boats.
(c) Microville has the comparative advantage in producing cars? Because its opportunity cost for 1 car is 1 boat while Macroville's cost for 1 car is 4 boats.
(d) If each country were to specialize in producing either cars or boats and then trade for the other product, Macroville makes 20 boats and Microville makes 10 cars. Each country produces the goods it has a comparative advantage in. Cars for Microville and boats for Macroville.
Answer:
Unusually high.
Explanation:
Premium pricing is when the price of one of the products or service is high in price in order to encourage favorable perceptions among buyers, based solely on the price. Practically the same as premium price paid.
Or definition of premium is relating to or denoting a commodity or product of superior quality and therefore a higher price.
Hope this helps : )
