Author Question: _____ prefer an import tax to a quota. a. Taxpayers b. Domestic producers c. Foreign ... (Read 79 times)

jace

  • Hero Member
  • *****
  • Posts: 541
_____ prefer an import tax to a quota.
 
  a. Taxpayers
  b. Domestic producers
  c. Foreign producers
   d. Consumers

Question 2

If a firm happened to be the only seller of a particular product, it might behave as a price taker as long as
 
  A) buyers have full information about the firm's price.
  B) the transaction costs of doing business with this firm are low.
  C) there are many buyers.
  D) there is free entry and exit.


mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

a

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

For a complete list of videos, visit our video library