Suppose that in each of four successive years producers sell more of their product and at lower prices. This could be explained rev: 05_07_2018 Multiple Choice by small annual increases in demand. in terms of a stable supply curve and increasing demand. in terms of a stable demand curve and increasing supply. as an exception to the law of supply.

Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.

Which two of the following are benefits of consumer programs

Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.