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ECN 361 Topic 3 Discussion Questions Grand Canyon

ECN 361 Topic 3 DQ 1 Participation & Responses ECN 361 Topic 3 DQ 2 Participation & Responses

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ECN 361 Topic 3 DQ 2 Participation & Responses Grand Canyon

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Topic 3 DQ 2: Does the United States' labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in the textbook. Which seems more convincing to you?Explain your answer.

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ECN 361 Topic 3 DQ 1 Participation & Responses Grand Canyon

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Topic 3 DQ 1: Consider the market for white athletic socks, which consumers consider to be identical products. If the demand is very elastic and the supply is very inelastic, how would the burden of a new tax on athletic socks be shared between consumers and producers? What if the situation were r...

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