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Author Question: A tariff hurts A) the government by decreasing its revenue. B) domestic producers who can't ... (Read 40 times)

gbarreiro

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on: Jun 29, 2018
A tariff hurts
 
  A) the government by decreasing its revenue.
  B) domestic producers who can't compete with cheaper imports.
  C) consumers who pay more for the imported good.
  D) All of the above answers are correct.

Question 2

As a person consumes more of a good, the
 
  A) marginal benefit increases.
  B) marginal benefit decreases.
  C) marginal benefit increases or decreases depending whether or not the economy is on the PPF.
  D) price of the good falls.


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JYan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


gbarreiro

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

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Reply 3 on: Yesterday
:D TYSM

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