Which of the following is an example of a land-intensive commodity?

Question 14 (1 point) Question 14 Unsaved Which of the following is an example of a land-intensive commodity? Question 14 options:

Autos.
Wool.
Chemicals.
Watches.
Save Question 15 (1 point) Question 14 Unsaved The law of increasing opportunity costs: Question 15 options:
refutes the principle of comparative advantage.
may limit the extent to which a nation specializes in producing a particular product.
results in straight-line production possibilities curves rather than curves that are bowed outward from the origin.
applies to land-intensive commodities but not to labor-intensive or capital-intensive commodities.
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Answer

1.
The answer is Wool.
An example of a land-intensive commodity is wool of the given examples.Land intensive means that the process of production would require more land.
2.
The answer is
may limit the extent to which a nation specializes in producing a particular product
According to the law of increasing opportunity cost when productive factors are at full efficiency increasing production will increase costs above average.

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