Homework Answers
it is given that in 2016 car payments was 5% less. then we can assume 95 in 2016 and hundred in 2015.
then ratio of car payments in 2015 to 2016 will be= 100/95 = 20:19
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The answer is 20:19, but why?
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is 19 wrong? need help with 20
O lower domestic consumption of the good than under free trade lower domestic production of the good than under free trade QUESTION 19 When the government increases tariffs O production switches from low-cost foreign producers to high-cost domestic producers, wasting resources domestic producers buy more of the good, increasing the gains from trade domestic producers produce more output, increasing the gains from trade deadweight losses are eliminated because foreign producers sell below their...
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