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Question 9 1 pts as the price of goods goes up by 10%, the corresponding quantity demanded declines by infinity. unitary inelastic perfect inelastic perfect
Question 9 1 pts as the price of goods goes up by 10%, the corresponding quantity demanded declines by infinity. unitary inelastic perfect inelastic perfect elasticQuestion 13 1 pt Which of the following is not a result of minimum wage laws? An increase in the number of unskilled laborers in the job market An increase in production O An increase in teenage unemployment An increase in school dropout ratesQuestion 2 1 pts For country A to have a comparative advantage in the production of agricultural products means that, relative to country B, with the same resources, O country A is better at producing agricultural products than industrial products. country A is better at producing both agricultural products and industrial products. country A can produce fewer industrial products than country B. O country A can produce more agricultural products than country B can produce
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