Rwanda has built the world’s first commercialized drone highway, capable of delivering supplies to remote villages that are otherwise difficult to reach. a. Rwanda’s drone highway is a   a.physical b.virtual c.social network. b. In the case of the drone highway, the network good is the a.drones. b.delivery service by drones. c.benefit local residents receive from the use of the drone highway. d.supplies delivered to remote villages.

A mosquito control program in a city is a A. private good B. club good C. common pool resource good D. public good

answer the questions using 3 step approach 6. Marla and Mirah are twin sisters living with their parents. Their father Erikson is trying to share house duties between the twobefore he leaves for vacation. Marla can use 6 hours to wash the clothes and 12 hours to cook. Mirah can take 3 hours to washand 9 hours to cook. Who should wash and who should cook. Explain 7. What happens to the domestic market when suppliers start to gain comparative advantage and export cars. Who enjoys the economic surplus and who lose their share of the surplus?

True/False

With today's mediated communications, digital technologies, and social media capabilities, _______audiences are becoming significantly larger and more important. A. immediate B. hostile C. remote D. auditory

It is all about the The Black Rhino. The black rhino is one of the most endangered species on the planet. In southern Africa in 1970 there were 65,000 Black Rhinos. Now there are only 2,500. Basic economics tells us why they are in trouble and what we can try to do about it. Why do people kill the black rhino? Because they can make a lot of money relative to the risk of getting caught - just like drug trafficking and lying on your taxes. In Asian communities the horn is viewed as an aphrodisiac and a powerful pain reliever. In Yemen sabers are made from them. As a result one horn can fetch $30K on the black market. The average yearly income in southern Africa is $1,000 and falling. The black rhino is worth more dead than alive. This is a market that does not correct itself. Another piece of this, that is common to many environmental challenges, is that most black rhinos are communal property, not private property. Imagine if all the black rhinos were in the hands of one rancher – would…

Please write your answers on a piece of paper. Your answers should be handwritten. Upload your answers as an attachment to the system. Firm A can produce 6 tables and 3 chairs in a day. Firm B can produce 8 tables and 2 chairs. Write your answers on a piece of paper and upload on the E-Learning system. a) Find the firms that have absolute advantage in producing tables and chairs. Discuss briefly. b) To maximize total production, which firms should produce which product? Analyze using comparative advantage concept. Show your calculations. Draw the production possibility frontier.

Procurement- Which one of the following is not a reason to purchase globally?   A. Product availability   B. Labor availability   C. Reserving capital for other purchases instead of using it for equipment needed.   D. Budget surplus to use before year end

Which of the following choices is an example of how technology has impacted the supply of goods?         supply curve         subsidies         regulations         assembly lines