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Author Question: Whenever a buyer and a seller agree to trade A) they must have identical opportunity costs in ... (Read 65 times)

amal

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Whenever a buyer and a seller agree to trade
 
  A) they must have identical opportunity costs in producing their respective products.
  B) the agreement is made based on absolute advantage.
  C) one party will always be worse off.
  D) both must believe they will be made better off.

Question 2

If demand for a product is perfectly inelastic, a change in price will not change total revenue.
 
  Indicate whether the statement is true or false


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Zebsrer

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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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amal

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


covalentbond

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Reply 3 on: Yesterday
Excellent

 

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