The tables give production possibilities data for two countries, Alpha and Beta, which have populations of equal size.
Alpha's production possibilities
A B C D E
Fish (Tons) 80 60 40 20 0
Chips (Tons) 0 5 10 15 20
Beta's production possibilities
A B C D E
Fish (Tons) 240 180 120 60 0
Chips (Tons) 0 10 20 30 40
Suppose that before specialization and trade, Alpha chose production alternative C and Beta chose production alternative B. After specialization and trade, the gains will be:.
A) 20 tons of fish.
B) 20 tons of chips.
C) 20 tons of fish and 20 tons of chips.
D) 240 tons of fish and 20 tons of chips.

Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?