Author Question: Suppose the United States subsidizes domestic chicken production and then sells surpluses on the ... (Read 47 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
Suppose the United States subsidizes domestic chicken production and then sells surpluses on the world market at a price below the cost of production.
 
  In foreign countries, the argument that would made to restrict chicken trade with the United States would be the A) penalizes lax environmental standards argument.
  B) saves jobs argument.
  C) infant-industry argument.
  D) dumping argument.
  E) national security argument.

Question 2

The figure above shows the market for annual influenza immunizations the United States. With no government intervention, the market equilibrium is at a price of ________ and ________ million immunizations per year.
 
  A) 60; 14
  B) 40; 14
  C) 30; 14
  D) 40; 22
  E) None of the above answers is correct.


Pswine

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library