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Author Question: Import quotas on steel tend to result in higher quantities of steel being sold at lower prices than ... (Read 109 times)

BrownTown3

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on: Jul 1, 2018
Import quotas on steel tend to result in higher quantities of steel being sold at lower prices than would be observed in the absence of a quota.
 
  Indicate whether the statement is true or false

Question 2

Suppose that government decides to create a license for widget makers. Only licensed widget makers are allowed to produce widgets. Moreover, only half of the current widget producers are eligible to obtain the license. What will happen with the supply curve of widgets?
 
  A) It will not change.
  B) It will shift to the left.
  C) It will shift to the right.
  D) It will slope downwards.
Microeconomics ¦ Perloff ¦ 8th Edition
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kbennett34

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Reply #1 on: Jul 1, 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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BrownTown3

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Reply #2 on: Jul 1, 2018
Correct answers!


kbennett34

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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