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Author Question: The world price of oil fell in 2014-2015 from over $100 per barrel to less than $50. As a producer ... (Read 41 times)

lingual

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on: Oct 12, 2022

Question 1

In recent years, several large Canadian-owned mining and resource companies have been sold to foreign owners. The immediate effect on Canada's production possibilities boundary is
◦ a shift inward.
◦ a shift outward.
◦ a movement to a point beyond the boundary.
◦ a movement along.
◦ no change.

Question 2

The world price of oil fell in 2014-2015 from over $100 per barrel to less than $50. As a producer of oil, what effect did this change have on Canada's production possibilities boundary?
◦ movement to a point beyond the boundary
◦ a shift outward
◦ movement to a point within the boundary
◦ a shift inward
◦ no change
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by lingual on Oct 12, 2022

miro2222

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Reply #1 on: Oct 12, 2022
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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lingual

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

komodo7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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