Smith and Jones comprise a two-person economy. Their hourly rates of production are shown in the accompanying table. Calculators Per HourComputers Per HourSmith10010Jones1206 If Smith and Jones devote all of their resources to producing computers, then the maximum number of computers they can produce in an hour is:
A. 10.
B. 120.
C. 6.
D. 16.
Answer: D
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The Trans-Pacific Partnership (TPP) is an agreement between the United States and ________ that was meant to reduce trade barriers
A) South America B) the European Union C) China D) eleven other countries
Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. 
Figure 9.1Refer to Figure 9.1. If this farmer is maximizing profits, his profit will be
A. -$24. B. $45. C. $48. D. $72.
A trade imbalance occurs when:
A. the quantity of imports equals the quantity of exports, but are large relative to total output. B. a country does not import or export any goods or services. C. exports from and imports to a country suddenly decline. D. the quantity of a country's exports differs significantly from the quantity of imports.
The law of diminishing marginal utility implies that the marginal utility of my fifth hot dog is less than the marginal utility of my second soft drink, other things constant
a. True b. False