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The diagram below shows supply and demand curves for bicycles in the domestic Canadian market.Assume that all bicycles are identical. FIGURE 33-4
-Refer to Figure 33-4.Assume there is free trade in bicycles.If the world price of bicycles is $500,Canada will ________ bicycles per year.
Independent
Not influenced by or connected to others; in statistics, it often implies that variables are not correlated.
Independent
Not influenced or controlled by others; capable of thinking or acting for oneself.
Standard Deviations
A statistical measure indicating the dispersion or spread of a set of numbers from their mean; it shows how much variation there is from the average.
Independent
Not influenced by or subject to another, capable of thinking or acting for oneself.
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