Refer to Scenario 10.6. If red rubber balls can be produced at any of the three plants, and John decides to produce 1 red rubber ball, at which plant will he produce it?

A) California
B) Florida
C) Montana
D) He is indifferent between California and Florida.
E) He is indifferent between Florida and Montana.

C

Economics

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Dumping is sometimes legal under international trade agreements

Indicate whether the statement is true or false

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Unlike Keynesians, neo-Keynesian economists believe that the aggregate supply curve is (drawn from left to right)

a. horizontal b. vertical c. vertical, downward sloping, horizontal d. horizontal, vertical e. horizontal, upward sloping, vertical

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