Which of the following describes comparative advantage? A: To produce a bushel of wheat Farmer John must give up 2 bushels of corn whereas Farmer Ben must give up 3 bushels of corn. B: Company A can produce 4 boxes of cereal in a day whereas Company B can produce 5 boxes of cereal in a day. C: Firm A can produce a good at a cost of $3 and Firm B can produce the good at a cost of $4. D: Jane can type 50 words per minute and Joe can type 60 words per minute.

Which is not the content of Micro-economics A: Full employment B: What to produce C: How to produce D: Whom to produce fo

9. Through international trade, countries ___________ goods they produce most efficiently for goods other countries produce most efficiently.

In a modern market economy, most of the answers to the questions of what to produce, how to produce it, and who should get the production are made by:

The machine to produce electricity is called a ___________.

Centrifugal casting is suitable to produce ( ).

____ is used to produce electric power.

Waterfalls can be used to produce ______ power.

Is there a big sale today at the produce department?

to produce in large numbers; give rise to ______