This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The effect of imposing a tariff on a specific imported good is to ________ the domestic price of the ... (Read 121 times)

ksmithunr

  • Full Member
  • ***
  • Posts: 176
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ksmithunr on Oct 12, 2022

iamkarenvv

  • Full Member
  • ***
  • Posts: 148
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.
Answer Preview
Only 29% of students answer this correctly


ksmithunr

  • Member
  • Posts: 176
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

The greenhouse effect: heat trapping by earth's atmosphere. The greenhouse effect: heat trapping by earth's atmosphere.
Discipline-specific training can take years to perfect. Discipline-specific training can take years to perfect.
onions taste good onions taste good
Are good deeds selfish? Are good deeds selfish?
Avocados are a good source of pantothenic acid, dietary fiber, vitamin K Avocados are a good source of pantothenic acid, dietary fiber, vitamin K
The effect of gene–environment interaction The effect of gene–environment interaction
Video: Definition of heart rate

For a complete list of videos, visit our video library