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Author Question: Trade that is within a country or between countries is based on the principle of A) comparative ... (Read 66 times)

faduma

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on: Jun 29, 2018
Trade that is within a country or between countries is based on the principle of
 
  A) comparative advantage. B) scarcity.
  C) competition. D) absolute advantage.

Question 2

Ali's Gyros operates near a college campus. Ali has been selling 120 gyros a day at 4.50 each and is considering a price cut. He estimates that he would be able to sell 200 gyros per day at 3.50 each.
 
  a. Calculate the price elasticity of demand using the midpoint formula.
  b. Calculate the change in revenue as a result of the price cut.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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matt95

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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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faduma

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

essyface1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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