Homework Clinic
Social Science Clinic => Economics => Topic started by: Themember4 on Jun 29, 2018
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International trade arises from
A) absolute advantage.
B) comparative advantage.
C) importation duties.
D) the advantage of execution.
Question 2
If the price elasticity of demand for peanut butter is 2.4, then peanut butter
A) has an elastic demand.
B) has an inelastic demand.
C) has a unit elastic demand.
D) is a normal good.
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Answer to Question 1
B
Answer to Question 2
A