MYECONLAB+ETEXT+KNAPP 104 STUDENT PACKET
MYECONLAB+ETEXT+KNAPP 104 STUDENT PACKET
6th Edition
ISBN: 9781323477816
Author: HUBBARD/KNAPP
Publisher: PEARSON C
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Chapter 16, Problem 16.2.9PA

Sub part (a):

To determine

The elasticity of demand for cars in China and the U.S.

Sub part (b):

To determine

What happens to prices when there is no import export barriers.

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