This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a government imposes a quota on imports of a popular doll, the price of the doll in the country ... (Read 213 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
If a government imposes a quota on imports of a popular doll, the price of the doll in the country will ________ and the quantity purchased in the country will ________.
 
  A) rise; increase
  B) rise; decrease
  C) fall; increase
  D) fall; decrease

Question 2

All the decisions made by people who operate firms have one overriding objective, which is to ________.
 
  A) make maximum attainable profit
  B) maximize the firm's total revenue
  C) maximize the firm's market share
  D) maximize the quantity that the firm sells


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kishoreddi

  • Sr. Member
  • ****
  • Posts: 329
    • Your online Help in Biology and chemistry
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jun 29, 2018
Wow, this really help

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The average adult has about 21 square feet of skin.

Popular Herbal Supplements Popular Herbal Supplements
The Lammily doll The Lammily doll
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Government By the People, 2016 Presidential Election, 26th Edition Government By the People, 2016 Presidential Election, 26th Edition
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library