Le 3-3. assume that zimbabwe and portugal each has 60 machine minutes available. originally, each country divided its time equally between the production of toothbrushes and hairbrushes. now, each country spends all its time producing the good in which it has a comparative advantage. as a result, the total output increased by a. 4 toothbrushes and 2 hairbrushes. b. 10 toothbrushes

Theodore is researching computer programming he thinks that this career has a great employment outlook so he’d like to learn if it’s a career in which he would excel what to skills are important for him to have and becoming a successful computer programmer

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.