Friday, July 8, 2011

Which economic question does the decision to produce butter instead of guns answer?

ECONOMICS

Multiple Choice

Which economic question does the decision to produce butter instead of guns answer?

a.What to produce?

b.How to produce?

c.For whom to produce?

d.Who has a comparative advantage in gun production?

e.Who has an absolute advantage in butter production?

Click here for the SOLUTION

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