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

Author Question: Tariffs ________ consumer surplus and import quotas ________ consumer surplus. A) decrease; ... (Read 121 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Tariffs ________ consumer surplus and import quotas ________ consumer surplus.
 
  A) decrease; decrease
  B) increase; increase
  C) decrease; increase
  D) increase; decrease

Question 2

An example of a price floor is a
 
  A) rent control.
  B) minimum wage.
  C) subsidy.
  D) quota.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jun 29, 2018
Correct answers!


chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Decrease in Fertility, 1800–1900 Decrease in Fertility, 1800–1900
Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
United States, southwestern and southern states are suffer from a significant decrease in rainfall United States, southwestern and southern states are suffer from a significant decrease in rainfall
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
A variety of sugar substitutes is available to the consumer A variety of sugar substitutes is available to the consumer
From Farm to Consumer From Farm to Consumer
Video: Arthritis

For a complete list of videos, visit our video library