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Author Question: If an import quota is imposed on imports of shrimp into the United States, U.S. consumer surplus ... (Read 209 times)

DelorasTo

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on: Jun 29, 2018
If an import quota is imposed on imports of shrimp into the United States, U.S. consumer surplus from shrimp will ________ and U.S. total surplus from shrimp will ________.
 
  A) increase; increase
  B) increase; decrease
  C) decrease; increase
  D) decrease; decrease
  E) increase; not change

Question 2

As a country that has a bowed-out production possibilities frontier produces more of one good, the opportunity cost of a unit of that good ________.
 
  A) might increase or decrease
  B) remains the same
  C) increases
  D) decreases
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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bookworm410

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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DelorasTo

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Reply 2 on: Jun 29, 2018
Excellent

alexanderhamilton

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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