« previous next »

Author Question: Patents, tariffs, and quotas are all examples of A) entry barriers that protect consumers. B) ... (Read 193 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jun 29, 2018
Patents, tariffs, and quotas are all examples of
 
  A) entry barriers that protect consumers.
  B) entry barriers that improve a country's standard of living.
  C) government-imposed barriers.
  D) economic regulations that increase efficiency.

Question 2

The substitution effect of a price increase causes a decrease in the quantity of an inferior good demanded.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Examples of Low or Non-Fat Alernatives Examples of Low or Non-Fat Alernatives
Examples of four letter formats: (A) block style, (B) modified block style, (C) modified block style ... Examples of four letter formats: (A) block style, (B) modified block style, (C) modified block style ...
Examples of internal controls. Examples of internal controls.
Examples of Endocrine Disorders Associated with Hyper- and Hyposecretion Examples of Endocrine Disorders Associated with Hyper- and Hyposecretion
Examples of animal reproduction. Examples of animal reproduction.
Examples of Polypeptide Production from Synthetic mRNAs Examples of Polypeptide Production from Synthetic mRNAs
Video: Carbon fixing adaptations Animation

For a complete list of videos, visit our video library