Author Question: When a group lobbies for the prevention of free trade, the most likely reason is A) rent seeking. ... (Read 24 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
When a group lobbies for the prevention of free trade, the most likely reason is
 
  A) rent seeking.
  B) tariff revenue.
  C) defense against expensive domestic labor.
  D) preservation of the environment.

Question 2

The principle of diminishing marginal utility implies that the
 
  A) marginal utility of a product is negative.
  B) total utility from a product is also diminishing as more units are consumed.
  C) rate of change of total utility is diminishing as more units are consumed.
  D) rate of change of marginal utility is very low as more units are consumed.



ky860224

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library