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Author Question: According to the law of one price, identical products should sell for the same price everywhere if ... (Read 137 times)

Destiiny22

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on: Jun 29, 2018
According to the law of one price, identical products should sell for the same price everywhere if
 
  A) transactions costs are zero.
  B) consumers have knowledge of the prices charged for products in different markets.
  C) there are no tariffs or other restrictions on imports or exports.
  D) firms can prevent consumers from engaging in arbitrage.

Question 2

Refer to Table 11-7. What is the average variable cost per unit of production when the firm produces 90 lanterns?
 
  A) 490 B) 33.67 C) 7.67 D) 5.44
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jojobee318

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Reply #1 on: Jun 29, 2018
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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Destiiny22

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Reply #2 on: Jun 29, 2018
Thank you


jojobee318

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Reply #3 on: Jun 29, 2018
No problemo


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