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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
Halibut tends to be much more expensive than cod. According to the economic way of thinking, relatively high halibut prices can be explained by
A) using the theory of supply and demand.
B) pointing out the cause—Halibut boats are often more expensive than boats used to fish for cod.
C) acknowledging the price differential is unfair to consumers of halibut.
D) acknowledging the price differential is unfair to cod fishermen.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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8 years ago
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Sublight2097 Author
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8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
No problemo Happy Dummy
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