If a Product Is Very Inexpensive to Move from One

question 30

Multiple Choice

If a product is very inexpensive to move from one regional market to another, then the

• A)"law of one price" argues that it will sell for the same price in all markets.
• B)price it sells for in every country will depend on the cost of labour in the single low- cost country in which the product was produced.
• C)absolute cost of producing the product must be the same in all markets.
• D)difference in the price from one market to another will depend on the relative elasticities of demand in the separate markets.
• E)production of the world supply will be from the single country with the lowest absolute cost of producing it.

---

Definitions:

Married Couples

Two individuals united in marriage, sharing a legal or socially recognized partnership.

Negative Comments

Criticisms or disparaging remarks that can potentially harm an individual's self-esteem or provoke hostility.

Positive Comments

Feedback that is constructive and encouraging, meant to support and uplift the recipient.

Secure to Insecure Attachment

A shift or transition from a stable and healthy emotional bond (secure attachment) between individuals to an unstable and unhealthy one (insecure attachment).