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Author Question: The winners from a Japanese tariff on imported cars are I. Japanese car producers. II. Japanese car ... (Read 426 times)

genevieve1028

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on: Jun 29, 2018
The winners from a Japanese tariff on imported cars are I. Japanese car producers. II. Japanese car consumers. III. the Japanese government.
 
  A) only I and III
  B) only I
  C) only II
  D) I, II, and III

Question 2

Suppose Clem's Chemical Company wants to increase its total revenue. If there are few substitutes for Clem's Chemicals
 
  A) Clem should increase the price of his chemicals.
  B) Clem should decrease the price of his chemicals.
  C) the demand for chemicals is elastic.
  D) Clem will not be able to change the price of his chemicals.


juiceman1987

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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