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Author Question: An increase in the number of suppliers in a market results in a A) movement up along the supply ... (Read 60 times)

cdr_15

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on: Jun 29, 2018
An increase in the number of suppliers in a market results in a
 
  A) movement up along the supply curve.
  B) rightward shift in the supply curve.
  C) leftward shift in the supply curve.
  D) Both answers A and C are correct.

Question 2

Quotas and tariffs both
 
  A) decrease deadweight loss.
  B) restrict foreign trade.
  C) cause a loss of revenue to domestic producers.
  D) lower prices on imported goods.


jaygar71

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

B

Answer to Question 2

B


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cdr_15

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Reply #2 on: Jun 29, 2018
Thank you


jaygar71

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Reply #3 on: Jun 29, 2018
No problemo


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