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Author Question: Select the phrase that correctly completes the following statement. An increase in input prices ... (Read 163 times)

segrsyd

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on: Jun 29, 2018
Select the phrase that correctly completes the following statement. An increase in input prices caused a decrease in the supply of baseballs. As a result ________.
 
  A) the price of baseballs increased and the quantity demanded of baseballs decreased
  B) the equilibrium quantity of baseballs increased
  C) the price of baseballs increased. The higher price caused the supply of baseballs to increase
  D) the price of baseballs increased and the demand for baseballs decreased

Question 2

Refer to Figure 9-3. What is the area that represents revenue to foreign producers who are granted permission to sell in the U.S. market when there is a quota?
 
  A) I + J + K+ L B) E + I + J + M C) I + J D) G + H + I + J
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nathang24

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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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segrsyd

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

sailorcrescent

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Reply 3 on: Yesterday
Excellent

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