题目内容

Trade based on each country’s comparative advantage is economically efficient only if each country also has the absolute advantage in producing their good. ( )

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An increase in the number of tomato producers will increase market supply because market demand will increase as more tomatoes are produced. ( )

In the long run under monopolistic competition, when firms advertise, they can earn positive economic profit by increasing market share. ( )

If the price elasticity of supply equals zero, this implies that the supply curve is perfectly vertical. ( )

When the minimum wage is set below the equilibrium market wage, the unemployment rate will rise. ( )