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21) a cap on output, in order to reverse export dumping\' or predatory pricing G

ID: 1106077 • Letter: 2

Question

21) a cap on output, in order to reverse export dumping' or predatory pricing Graph E 2) Graph F 3 Graph G 4) Graph H 5) [not enough information to answer] 22) the effects of a minimum wage increase? 1) Graph E 2) Graph F 3) Graph G 4) Graph H 5) [not enough information to answer] 23) a good with very high own-price supply elasticity? Graph I 2 Graph J 3Graph K 4) Graph L 5) [not enough information to answer] 24) a good with very high own-price demand elasticity? 1 Graph I 2 Graph J 3) Graph K 4 Graph L 5) [not enough information to answer 25) a good with very low own-price supply elasticity? Graph I 2 Graph J 3Graph K 4) Graph L 5) [not enough information to answer]

Explanation / Answer

21. The correct answer is 2.

22. The correct answer is 1.

23. The correct answer is 3.

24. The correct answer is 5.

25. The correct answer is 4.

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