If Carla can pick more oranges in one hour than Benjamin, then Carla definitely has a comparative advantage in picking oranges
Indicate whether the statement is true or false
FALSE
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If the price of a firm's product is $10 and the firm faces a constant marginal cost of $4 that is equal to its (constant) average total cost, the profit from selling a unit of the firm's product from its inventory is equal to ________.
A) $6 B) $10 C) $4 D) $14
Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will be a future redistribution of income and wealth in favor of ____
a. foreigners; foreigners b. other U.S. citizens; bondholders c. foreigners; those needing government services d. other U.S. citizens; those needing government services
The efficiency-wage theory of worker health is
a. more relevant for explaining unemployment in less developed countries than in rich countries. b. more relevant for explaining unemployment in rich countries than in less developed countries. c. equally relevant for explaining unemployment in less developed countries and in rich countries. d. not relevant for explaining unemployment.
In Figure 32.1, at the market price-quantity combination, the consumer surplus is 
A. HPfloorBG. B. APfloorB. C. P*AC. D. HP*C.