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Author Question: Refer to the figure above. What is the domestic price of chairs in Lithasia in the absence of trade? ... (Read 30 times)

leo leo

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on: Jun 29, 2018
Refer to the figure above. What is the domestic price of chairs in Lithasia in the absence of trade?
 
  A) 2
  B) 3
  C) 4
  D) 6

Question 2

Which of the following is NOT a necessary precondition for economic growth?
 
  A) economic freedom
  B) democracy
  C) property rights
  D) free markets
  E) ALL of the above are necessary preconditions.


elizabethrperez

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

D

Answer to Question 2

B


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