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Economics 211 clicker questions

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Economics 211 clicker questions

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    1. Economics 211 clicker questions Chapter 3 – Question Set #1

    2. Kelly and David are both capable of repairing cars and cooking meals. Which of the following scenarios is not possible? 1. Kelly has a comparative advantage in repairing cars and David has a comparative advantage in cooking meals. 2. Kelly has an absolute advantage in repairing cars and David has an absolute advantage in cooking meals. 3. Kelly has a comparative advantage in repairing cars and in cooking meals. 4. Kelly has an absolute advantage in repairing cars and in cooking meals.

    3. Suppose a gardener produces both green beans and corn in her garden. If the opportunity cost of one bushel of corn is 3/5 bushel of green beans, then the opportunity cost of 1 bushel of green beans is 5/3 bushels of corn. 2/5 bushel of corn. 5/2 bushel of corn. 8/5 bushels of corn

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