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The price of corn used to make tortillas rises. As a result,…

The price of corn used to make tortillas rises. As a result, the equilibrium price of a tortilla will _____, and the equilibrium quantity of tortillas will _____.

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   In the figure above, the opportunity cost of producing an…

   In the figure above, the opportunity cost of producing an additional avocado ____.

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   Suppose that the government imposes a price floor at $400…

   Suppose that the government imposes a price floor at $400 per palm tree. As a result, there will be a surplus of ____ palm trees, and ____ palm trees will be bought and sold.

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Professor Rush can bake 12 cookies or 2 pies in one hour. Pr…

Professor Rush can bake 12 cookies or 2 pies in one hour. Professor Knight can bake 18 cookies or 4 pies in one hour. Professor Knight has an absolute advantage in the production of ____ and a comparative advantage in the production of ____.

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   In the figure above, the opportunity cost of producing an…

   In the figure above, the opportunity cost of producing an additional banana ____.

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All points that lie on the PPF are ____ and ____.

All points that lie on the PPF are ____ and ____.

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A price floor that is set above the equilibrium price ____ t…

A price floor that is set above the equilibrium price ____ the quantity of the good that gets bought and sold and ____ a deadweight loss.  

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   Suppose that the government imposes a price floor at $500…

   Suppose that the government imposes a price floor at $500 per palm tree. As a result, there will be a surplus of ____ palm trees, and ____ palm trees will be bought and sold.

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If the world price of peaches is above the domestic equilibr…

If the world price of peaches is above the domestic equilibrium price, the country will ____ peaches. Domestic consumer surplus will ____, and domestic producer surplus is will ____.

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Personnel monitoring reports list which of the following occ…

Personnel monitoring reports list which of the following occupational exposures?

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