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Author Question: Related to the Economics in Practiceon page 199: Licenses to sell hot dogs in New York City's ... (Read 148 times)

mp14

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on: Apr 19, 2019

Related to the 
Economics in Practice on page 199: Licenses to sell hot dogs in New York City's Central Park are considerably higher than the licenses to sell hot dogs in the rest of the city. Which of the following statements regarding the above information is 
true?


◦ Despite this, hot dogs are less expensive in New York's Central Park than in the rest of the city.
◦ Despite this, hot dogs sell for the same price in New York's Central Park as they do in the rest of the city because the hot dog market is perfectly competitive.
◦ Despite this, hot dogs sell for the same price in New York's Central Park as they do in the rest of the city because the city regulates the price of hot dogs.
◦ Due to this, hot dogs are more expensive in New York's Central Park than in the rest of the city.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mp14 on Apr 19, 2019

cuttiesgirl16

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mp14

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

mjenn52

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Reply 3 on: Yesterday
Wow, this really help

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