ECON 202 Study Guide - Midterm Guide: Comparative Advantage, Cream Cheese, Bacon

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Econ 202 mid term #1 study guide total time: 75 min. Answer the following multiple-choice questions: sophia is planning her activities for a hot summer day. As a result, residents in massachusetts start purchasing their alcohol in surrounding states. However, spring break is still months away, and you may reverse this decision. He is considering expanding his operation in order to serve more clients. If penny teaches dans daughter to play the piano in exchange for dan tiling her kitchen oor, (a) only penny is made better o by trade. (b) only dan is made better o by trade. Assume that zimbabwe and portugal each has 180 minutes available. Which of the following combinations of toothbrushes and hairbrushes could portugal produce in 30 minutes? (a) 1 toothbrush and 4 hairbrushes (b) 4 toothbrushes and 2 hairbrushes (c) 5 toothbrushes and. 6 hairbrushes (d) 6 toothbrushes and 5 hairbrushes.

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