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Author Question: Free trade refers to trade between countries A) that is licensed by both governments. B) that ... (Read 112 times)

DelorasTo

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Free trade refers to trade between countries
 
  A) that is licensed by both governments.
  B) that is without shipping costs.
  C) of products which are free to low-income consumers.
  D) that is without restrictions.

Question 2

Let D = demand, S = supply, P = equilibrium price, Q = equilibrium quantity. What happens in the market for solar panels if the government offers tax breaks to encourage manufacturers to produce more solar panels?
 
  A) S increases, D no change, P decreases, Q increases.
  B) D increases, S no change, P and Q increase.
  C) D and S increase, P and Q decrease.
  D) D no change, S increases, P decreases, Q decreases.



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Li Jun

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Answer to Question 1

D

Answer to Question 2

A




DelorasTo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


ghepp

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Reply 3 on: Yesterday
Gracias!

 

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