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

Author Question: Levying a tariff on an imported good A) shifts the demand curve down for the good. B) shifts the ... (Read 59 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
Levying a tariff on an imported good
 
  A) shifts the demand curve down for the good.
  B) shifts the supply curve up for the good.
  C) Both A and B.
  D) Not enough information to determine.

Question 2

A commodity or service whose consumption by one person does not preclude others from also consuming it is called a
 
  A) private good.
  B) public good.
  C) Giffen Good.
  D) Coase Good.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebenov

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

B

Answer to Question 2

B





 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library