Question: 1. 5. Explain how absolute advantage and comparative advantage differ. Give an example in which one person has an absolute advantage in doing something but

1. 5. Explain how absolute advantage and comparative advantage differ. Give an example in which one person has an absolute advantage in doing something but another person has a comparative advantage. Why do economists tend to oppose policies that restrict trade among nations? . Which goods will a nation typicallyr import? a. those goods in which the nation has an absolute advantage b. those goods in which the nation has a comparative advantage c. those goods in which other nations have an absolute advantage d. those goods in which other nations have a comparative advantage What are the demand schedule and the demand curve, and how are they related? Why does the demand curve siope downward? Popeve's income declines and. as a result. he buys more spinach. ls spinach an interior or a normal good? What happens to Popeve's demand curve for spinach

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