Hosne has an absolute advantage in the production of a. wallets and Merve has an absolute advantage in the production of purses. b. purses and Merve has an absolute advantage in the production of wallets. c. both goods and Merve has an absolute advantage in the production of neither good. d. neither good and Merve has an absolute advantage in the production of both goods.

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

From what part of income should someone take savings?

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a: