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Homework answers / question archive / Which of the following is not one of the assumptions on which the Comparative Advantage Theory is based? Please choose one: a
Which of the following is not one of the assumptions on which the Comparative Advantage Theory is based? Please choose one: a. Transportation, insurance, etc. costs are zero b. Workforce is homogeneous c. Perfect competition conditions apply D. Fixed cost applies in production to. Based on opportunity cost theory
Which of the following is not one of the properties of indifference curves? Please choose one: a. Equivalent satisfaction is involved at every point on the curve b. They are convex according to the origin. c. The farther from the origin, the higher the prediction level D. There is different satisfaction at every point on the curve to. They don't cut each other
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