Refer to the figure above. If A forms a customs union with B, it will import

A) 400 units from B.
B) 200 units from C.
C) 200 units from each.
D) 400 units from B and 200 units from C.

A

Economics

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When two ice cream vendors locate next to each other on the beach, they are exhibiting a Nash equilibrium

a. True b. False Indicate whether the statement is true or false

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