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Author Question: Cost-benefit analysis can be applied to individual decision-making and public choice theory. a. ... (Read 50 times)

shofmannx20

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on: Jun 30, 2018
Cost-benefit analysis can be applied to individual decision-making and public choice theory.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Imposing a restrictive quota on imported plasma TVs will:
 a. increase the price of the plasma TVs and decrease the quantity consumed.
  b. increase both the price of the plasma TVs and the quantity consumed.
  c. leave the price of the plasma TVs unchanged but decrease the quantity consumed.
  d. leave the price and the quantity consumed of plasma TVs unchanged, because domestic producers will expand production to make up for the reduction in imports


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Cnarkel

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

True

Answer to Question 2

a


shofmannx20

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  • Posts: 562
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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