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

Author Question: If the United States imposes a tariff on 1 per imported shirt, the tariff will A) raise the price ... (Read 68 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
If the United States imposes a tariff on 1 per imported shirt, the tariff will
 
  A) raise the price of a shirt to U.S. consumers.
  B) benefit U.S. shirt producers.
  C) decrease imports of shirts into the United States.
  D) all of the above

Question 2

In the figure above, the demand curve shifts rightward from D0 to D1 so that D1 is the relevant demand curve. Suppose the government imposes a rent ceiling of 300 per month. In the short run there will be
 
  A) a shortage of 500,000 apartments.
  B) a shortage of 400,000 apartments.
  C) a shortage of 200,000 apartments.
  D) no shortage nor a surplus of apartments.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


dejastew

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
Excellent

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Annual Water Use in the United States Annual Water Use in the United States
The United States, 1819 The United States, 1819
Population Projections of the United States Population Projections of the United States
Leading Sites of Cancer Deaths in the United States, 2013 Leading Sites of Cancer Deaths in the United States, 2013
Many countries do not produce enough food and need to import food from the United States Many countries do not produce enough food and need to import food from the United States
Why Men’s Shirt Buttons Are On The Right While Women’s On The Left Why Men’s Shirt Buttons Are On The Right While Women’s On The Left
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library