Higher relative wages for labor tends to A) increase the ...

[go.lag]

Higher relative wages for labor tends to
 
  A) increase the supply of labor.
  B) decrease the demand for labor.
  C) encourage firms to find substitutes, such as automation.
  D) accomplish all of the above.

Question 2

The difference between a tariff and a quota is that the revenue from the tariff goes to the
 
  A) domestic consumer.
  B) domestic producer.
  C) domestic government.
  D) foreign producers.
  E) foreign government.

[chevyboi1976]

Answer to Question 1

C

Answer to Question 2

C

[go.lag]

Thanks for the timely response, appreciate it

[Jossy]

Excellent