Micro 1.4-A Tricky but Brilliant Theory Reading
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Last updated over 1 year ago
13 questions

1
Ricardo's Law of __________ ___________.
Ricardo's Law of __________ ___________.
1
What did landowner's enjoy during the war?
What did landowner's enjoy during the war?
1
The grain monopoly won by high society were called the ________ Laws.
The grain monopoly won by high society were called the ________ Laws.
1
Adam Smith was a proponent of the A_____________ A_____________.
Adam Smith was a proponent of the A_____________ A_____________.

1
According to Smith.....A.A. was the basic idea of whoever can make something ___________ should make that good.
According to Smith.....A.A. was the basic idea of whoever can make something ___________ should make that good.
1
Skipper can catch a fish dinner in ____ hours and build a hut in ______ hours.
Skipper can catch a fish dinner in ____ hours and build a hut in ______ hours.
1
Skipper can catch a fish dinner in ____ hours and build a hut in ______ hours.
Skipper can catch a fish dinner in ____ hours and build a hut in ______ hours.
1
Skipper will work ___________ hours and split his time _____________ between fish dinners and huts.
Skipper will work ___________ hours and split his time _____________ between fish dinners and huts.
1
Gilligan will work ___________ hours and split his time _____________ between fish dinners and huts.
Gilligan will work ___________ hours and split his time _____________ between fish dinners and huts.
1
According to David Ricardo, specialization should result from the producer with C___________ A____________.
According to David Ricardo, specialization should result from the producer with C___________ A____________.
1
Complete the following table for Skipper and Gilligan, for how hours it takes for each to make 1 fish dinner or 1 hut on the island.
Complete the following table for Skipper and Gilligan, for how hours it takes for each to make 1 fish dinner or 1 hut on the island.
1
Complete the following table for Skipper and Gilligan. Assuming Skipper works for 2,000 hours and Gilligan works for 3,600 hours. Assume that Skipper and Gilligan, each divide their time equally between huts and fish dinners. How many fish dinners and huts will Skipper and Gilligan each make? How many total fish dinners and huts will be on the island?
Complete the following table for Skipper and Gilligan. Assuming Skipper works for 2,000 hours and Gilligan works for 3,600 hours. Assume that Skipper and Gilligan, each divide their time equally between huts and fish dinners. How many fish dinners and huts will Skipper and Gilligan each make? How many total fish dinners and huts will be on the island?
1
BONUS:
Are you more a "Skipper"...Captain of the Ship, High Strung, Knows when to pass the baton of leadership, Focused on getting the hard work done, Irritated by the failures of others, &/or Can give other's orders when you need to....
Are you more of a "Gilligan"....Life of the party, Aloof, Clumsy, Brave while not knowing it, A follower, &/or Fun Loving.....
OR
Are you more of a some of both?
BONUS:
Are you more a "Skipper"...Captain of the Ship, High Strung, Knows when to pass the baton of leadership, Focused on getting the hard work done, Irritated by the failures of others, &/or Can give other's orders when you need to....
Are you more of a "Gilligan"....Life of the party, Aloof, Clumsy, Brave while not knowing it, A follower, &/or Fun Loving.....
OR
Are you more of a some of both?
