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

Author Question: If the United States imposes a tariff on 1 per imported shirt, the tariff will A) raise the price ... (Read 160 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
If the United States imposes a tariff on 1 per imported shirt, the tariff will
 
  A) raise the price of a shirt to U.S. consumers.
  B) benefit U.S. shirt producers.
  C) decrease imports of shirts into the United States.
  D) all of the above

Question 2

In the figure above, the demand curve shifts rightward from D0 to D1 so that D1 is the relevant demand curve. Suppose the government imposes a rent ceiling of 300 per month. In the short run there will be
 
  A) a shortage of 500,000 apartments.
  B) a shortage of 400,000 apartments.
  C) a shortage of 200,000 apartments.
  D) no shortage nor a surplus of apartments.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


dejastew

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
:D TYSM

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

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

The United States, 1819 The United States, 1819
Largest nitric acid plants in the United States Largest nitric acid plants in the United States
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change 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 ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Chromatin states, gene content, and characteristic histone modifications Chromatin states, gene content, and characteristic histone modifications
Video: Otitis Media

For a complete list of videos, visit our video library