Answer Happy

Question 36 Which statement do you most agree with based on our conclusion/punchline(s) from the monopolist in a home country? a) free trade "forces" the PC firm to act like a monopolist in the small, home importing country b) free trafe "forces" the perfectly competitive firm to act like a monopolist in the large, home importing country c) free trade "forces" the perfectly competitive firm to act like an exporter in the small, home country d) none of the above are correct
Figure 1 80 meal 001 potaties Question 37 Using figure 1, what is the relative price of potatoes under autarky for this country (expressed in absolute value)? a).8 potatoes b) 1.25 potatoes c) 1.67 potatoes d) 80 potatoes