Author Question: An increase in the number of suppliers in a market results in a A) movement up along the supply ... (Read 62 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
An increase in the number of suppliers in a market results in a
 
  A) movement up along the supply curve.
  B) rightward shift in the supply curve.
  C) leftward shift in the supply curve.
  D) Both answers A and C are correct.

Question 2

Quotas and tariffs both
 
  A) decrease deadweight loss.
  B) restrict foreign trade.
  C) cause a loss of revenue to domestic producers.
  D) lower prices on imported goods.



jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

For a complete list of videos, visit our video library