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Author Question: Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco ... (Read 264 times)

lb_gilbert

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on: Jun 29, 2018
Because there are numerous choices for fast food purchases, the price elasticity of demand for Taco Bell food is likely
 
  A) inelastic.
  B) unitary elastic.
  C) perfectly inelastic.
  D) elastic.

Question 2

Rent seeking is one reason why countries choose to
 
  A) restrict trade.
  B) export and import the same goods.
  C) work for freer trade.
  D) follow the theory of comparative advantage.


itsakadoozi

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

D

Answer to Question 2

A


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