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Author Question: After a tariff is imposed, consumers must pay a price equal to the A) world market price. B) ... (Read 97 times)

rachel9

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After a tariff is imposed, consumers must pay a price equal to the
 
  A) world market price.
  B) domestic equilibrium price when there is no trade.
  C) world market price plus the tariff.
  D) world market price less the tariff.
  E) domestic equilibrium price when there is no trade plus the tariff.

Question 2

Which of the following is true of the market for labor?
 
  A) Workers are the suppliers of labor.
  B) Workers are the demanders of labor.
  C) The labor supply curve is perfectly elastic.
  D) The labor demand curve is perfectly elastic.


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manuelcastillo

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rachel9

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


ryansturges

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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