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AndrewKraus AndrewKraus
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6 years ago
Two countries, A and B, produce Good X. Which of the following statements is true of the trading price of Good X?
A) The trading price of Good X is less than the opportunity cost of producing the good in both nations.
B) The trading price of Good X is greater than the opportunity cost of producing the good in both nations.
C) The trading price of Good X lies between the opportunity costs of producing the good in both nations.
D) The trading price of Good X is always equal to the opportunity cost of producing the good in Country A.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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AndrewKraus Author
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#2
6 years ago
Needed this for my economics assignment, thanks
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