This topic contains a solution. Click here to go to the answer

Author Question: Tariffs ________ consumer surplus and import quotas ________ consumer surplus. A) decrease; ... (Read 118 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
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
Answer to Question 1

A

Answer to Question 2

B




chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342

 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library