A reason tariffs and quotas are imposed is that
A) their costs are spread among many people and their benefits are concentrated.
B) their costs are concentrated and their benefits are spread among many people.
C) they create net benefits in the long run.
D) they reduce import dependence.
Question 2
Suppose that Dave has 200 to spend per week and he buys only magazines and pizza. The price of a pizza is 10 and the price of a magazine is 5. What is the maximum amount of pizza Dave can buy each week?
A) 40
B) 20
C) 200
D) 60
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