1. Suppose Hoda is a brilliant attorney who can draft especially persuasive legal briefs. She also happens to possess some excellent administrative skills such as typing, filing, assembling binders and notes, and making reservations. Which best describes whether Hoda should hire an administrative assistant to help her? Group of answer choices Hoda should not hire an administrative assistant because she likely has a comparative advantage in performing administrative functions. Hoda should hire an administrative assistant because the assistant would likely have an absolute advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in performing administrative functions. Hoda should not hire an administrative assistant because she has an absolute advantage in performing administrative functions. 2. Goods that are produced today in order to make other valuable goods and services in the future are called goods. Group of answer choices inferior capital

1. Suppose Hoda is a brilliant attorney who can draft especially persuasive legal briefs. She also happens to possess some excellent administrative skills such as typing, filing, assembling binders and notes, and making reservations. Which best describes whether Hoda should hire an administrative assistant to help her? Group of answer choices Hoda should not hire an administrative assistant because she likely has a comparative advantage in performing administrative functions. Hoda should hire an administrative assistant because the assistant would likely have an absolute advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in performing administrative functions. Hoda should not hire an administrative assistant because she has an absolute advantage in performing administrative functions. 2. Goods that are produced today in order to make other valuable goods and services in the future are called goods. Group of answer choices inferior capital

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 23CTQ: Do economists have any particular expertise at making normative arguments? In other words, they have...

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