If the world price is $1.00 per pound. Assuming the small-country model is applicable and no transportation costs, the United States will import copper.
<h3>What is import?</h3>
Import can be defined as the process of bringing in goods produce in another country into your own country so as to sale them in your own country.
Since the world price is $1.00 per pound and United states price is $1.20. If no transportation cost importing copper into United state will be the best choice as this will help to lower cost.
Therefore assuming the small-country model is applicable and no transportation costs, the United States will import copper.
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Answer:
→Being efficient implies the system is operating the 'right' way.
The relationship between effectiveness and efficiency is that effectiveness is a measure of 'goodness' of output,
→while efficiency is a measure of the resources required to achieve the output.
Explanation:
Answer:
3)
Explanation:
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C because you would be able too
