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Loraine Loraine
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8 years ago
Sherri lives in Canada and is considering buying a new sofa. If the price level in Canada falls and the price level in the United States does not change, Canadian manufactured sofas are relatively
A) more expensive, so Sherri will likely purchase a U.S. manufactured sofa.
B) more expensive, so Sherri will likely purchase a Canadian manufactured sofa.
C) less expensive, so Sherri will likely purchase a U.S. manufactured sofa.
D) less expensive, so Sherri will likely purchase a Canadian manufactured sofa.
E) Both answers B and D could be correct depending on whether U.S. manufactured sofas were initially more expensive or less expensive than Canadian sofas.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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Jose^2
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2 hours ago
Good timing, thanks!
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