Suppose California has many apple trees, and the price of apples there is low. Nevada has few

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Suppose California has many apple trees, and the price of apples there is low. Nevada has few apple trees, and the price of apples there is high. Abner buys low-priced California apples and ships them to Nevada, where he resells them at a high price. Is Abner exploiting Nevada consumers by doing this? Is Abner likely to earn an economic profit in the long run? Briefly explain.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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