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Author Question: The figure above shows that the U.S. net ________ surplus from the tariff is ________. A) loss ... (Read 55 times)

fahad

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on: Jun 29, 2018
The figure above shows that the U.S. net ________ surplus from the tariff is ________.
 
  A) loss of; 30 million per year
  B) gain in; 20 million per year
  C) loss of; 10 million per year
  D) gain in; 55 million per year
  E) gain in; zero

Question 2

Refer to the table above. When does diminishing marginal returns to capital set in?
 
  A) When the second machine is used
  B) When the third machine is used
  C) When the fourth machine is used
  D) When the fifth machine is used


chereeb

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

A

Answer to Question 2

C


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