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Author Question: The above figure shows the U.S. market for chocolate. With international trade, ________ is the ... (Read 35 times)

wrbasek0

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on: Jun 29, 2018
The above figure shows the U.S. market for chocolate. With international trade, ________ is the transfer of surplus from producers to consumers.
 
  A) area B +area C + area D
  B) area B
  C) area C + area D
  D) area A
  E) area E

Question 2

Fill in the blank: An opportunity cost is the ________ opportunity a person sacrifices when making a choice.
 
  A) every
  B) least desirable
  C) next-best
  D) strictly financial
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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covalentbond

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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