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Author Question: Refer to Figure 7-2. The efficient equilibrium price is A) 60. B) 50. C) 40. D) < ... (Read 80 times)

cnetterville

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on: Jun 29, 2018
Refer to Figure 7-2. The efficient equilibrium price is
 
  A) 60. B) 50. C) 40. D) < 40.

Question 2

Refer to Table 2-15. Which of the following statements is true?
 
  A) Jack has a comparative advantage in lawn mowing and George in garden cultivating.
  B) Jack has a comparative advantage in garden cultivating and George in lawn mowing.
  C) George has a comparative advantage in both tasks.
  D) Jack has a comparative advantage in both tasks.


zogaridan

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

B

Answer to Question 2

B


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