This topic contains a solution. Click here to go to the answer

Author Question: The figure above shows that as a result of the tariff, producer surplus in the United States A) ... (Read 109 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
The figure above shows that as a result of the tariff, producer surplus in the United States
 
  A) decreases by 105 million per year.
  B) increases by 55 million per year.
  C) decreases by 30 million per year.
  D) decreases by 20 million per year.
  E) remains unchanged.

Question 2

Many predict there will be permanent, growing shortages of oil by the year 2025. The prognosticators are assuming
 
  A) oil prices will fall.
  B) oil prices will not adjust appropriately to coordinate the market.
  C) oil prices will rise.
  D) greed will ruin the supply and demand process in the world oil market.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

B

Answer to Question 2

B




cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
Excellent


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

For a complete list of videos, visit our video library