Note: same information for questions 4-12, except where othe…

Note: same information for questions 4-12, except where otherwise noted. The world is composed of two countries, Country A and Country B. They use labor to produce two goods, TV Series and Movies. All of the assumptions of the Ricardian Model hold. The following table shows the unit labor inputs used to make each good in each country, where one unit is one year of labor. (Thus, for example, to make a TV series in Country A it takes 30 workers working a full year, or one worker working 30 years, and so on.) Country A has 12,000 units of labor and country B has 8,000 units of labor. The two countries are engaged in free and costless trade. Country A Country B TV Series 30 10 Movies 20 5   Country B has absolute advantage in

I would prefer to see an action movie, while my wife would r…

I would prefer to see an action movie, while my wife would rather see a mystery thriller. I would rather eat pizza for dinner, while she wants Thai. To deal with this conflict we decide to watch a mystery thriller and order a pizza. Which conflict resolution strategy is being used?

Felix had been angry with his roommate Hector for some time….

Felix had been angry with his roommate Hector for some time. Hector was always playing his music so loudly that Felix couldn’t concentrate, much less have a conversation on the telephone. Despite his anger, he hadn’t expressed his feelings to Hector. Which of the following is true of this situation?