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Author Question: A tariff will benefit A) domestic producers by maintaining a higher than free-trade price. B) ... (Read 157 times)

shenderson6

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A tariff will benefit
 
  A) domestic producers by maintaining a higher than free-trade price.
  B) foreign producers by allowing them to sell at a higher price in markets with tariffs.
  C) consumers who are able to better afford domestically produced goods.
  D) All of the above answers are correct.

Question 2

An increase in the number of producers of gruel ________ the supply of gruel and shifts the supply curve of gruel ________.
 
  A) increases; rightward
  B) increases; leftward
  C) decreases; rightward
  D) decreases; leftward



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yuyiding

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Answer to Question 1

A

Answer to Question 2

A




shenderson6

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Reply 2 on: Jun 29, 2018
Wow, this really help


parker125

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

 

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