STUDY QUESTIONS FOR EXAM #3
1) Which of the following is not an assumption of the theory of perfect competition?
a. There are many sellers and many buyers, none of which is large in relation to total sales or purchases.
Fox Squirrel Foraging and the Landscape of Fear
Animals (and plants) must forage for food and other resources that are scattered around a heterogeneous environment. Food availabilit y varies from site to site, but so too do environmental conditions t
INTERNATIONAL TRADE THEORY
WHAT DOES THE UNITED STATES EXPORT AND IMPORT?
Exports- Exports are goods produced at home, but sold abroad for which foreigners have
to pay using their own currency as opposed to dollar.
Imports-Imports are goods produced abroa