The first unit of a product took 80 work days. The learning curve is estimated to be 90%. The time for the fourth unit will be about work days and the time for the first four units will be about work days.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.

An essential element of being receptive to messages is to have an open mind true or false