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Author Question: Compared to the situation in which a good is legal, making the good illegal and imposing ________ ... (Read 74 times)

penguins

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on: Jun 29, 2018
Compared to the situation in which a good is legal, making the good illegal and imposing ________ results in less being sold.
 
  A) a much higher fine on sellers than on buyers
  B) a much higher fine on buyers than on sellers
  C) any fine on either the buyer or the seller
  D) all of the above

Question 2

Suppose the price of oranges rises. As a result, the
 
  A) supply of orange pickers increases.
  B) supply of orange pickers decreases.
  C) demand for orange pickers increases.
  D) demand for orange pickers decreases.


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popopong

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


penguins

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Reply 2 on: Jun 29, 2018
Excellent

Dominic

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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