The return that the entrepreneur can obtain in the best ...

[pragya sharda]

The return that the entrepreneur can obtain in the best alternative business is called the
 
  A) normal profit.
  B) economic profit.
  C) marginal profit.
  D) marginal revenue.

Question 2

Tariffs ________ the domestic price of the good and import quotas ________ the domestic price of the good.
 
  A) lower; lower
  B) lower; raise
  C) raise; lower
  D) raise; raise

[tuate]

Answer to Question 1

A

Answer to Question 2

D

[pragya sharda]

Excellent

[mcarey591]

Thanks for the timely response, appreciate it