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Author Question: The effect of imposing a tariff on a specific imported good is to ________ the domestic price of the ... (Read 117 times)

ksmithunr

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on: Oct 12, 2022

Question 1

Consider a good that is both imported and produced domestically. The imposition of a tariff on this good causes a(n) ________ in consumer surplus and a(n) ________ in producer surplus.
◦ remain the same; decrease
◦ increase; decrease
◦ decrease; decrease
◦ increase; increase
◦ decrease; increase

Question 2

The effect of imposing a tariff on a specific imported good is to ________ the domestic price of the good and ________ the domestic production of the good.
◦ increase; decrease
◦ decrease; decrease
◦ decrease; increase
◦ increase; increase
◦ decrease; to leave unaffected
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ksmithunr on Oct 12, 2022

iamkarenvv

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ksmithunr

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

shailee

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Reply 3 on: Yesterday
Wow, this really help

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