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Author Question: In the above figure, which point represents an unattainable production combination of the two goods? ... (Read 120 times)

soccerdreamer_17

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on: Jun 29, 2018
In the above figure, which point represents an unattainable production combination of the two goods?
 
  A) point C
  B) point L
  C) point D
  D) point N

Question 2

A tax on a good that is imposed by the importing country is called a
 
  A) tariff.
  B) nontariff barrier.
  C) quantitative restriction.
  D) licensing regulation.
  E) trade constraint.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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chereeb

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

B

Answer to Question 2

A


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