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Author Question: Import tariffs generally ____ the output of domestic producers of the affected products and also ... (Read 217 times)

123654777

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on: Jun 30, 2018
Import tariffs generally ____ the output of domestic producers of the affected products and also ____ the output of domestic exporters.
 a. increase; increase
  b. increase; decrease
  c. decrease; increase
  d. decrease; decrease

Question 2

If both the marginal social benefit of abatement function and the marginal social benefit of abatement function shifted up.
 a. The greater would be the efficient level of pollution abatement.
 b. The smaller would be the efficient level of pollution abatement.
 c. There would be no change in the efficient level of pollution abatement.
 d. We do not know whether the efficient level of pollution abatement would rise or fall.


jgranad15

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


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