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

Author Question: When a nation imports a good, its ________ surplus increases and its ________ surplus increases. ... (Read 122 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
When a nation imports a good, its ________ surplus increases and its ________ surplus increases.
 
  A) consumer; producer
  B) consumer; consumer
  C) producer; producer
  D) producer; total
  E) total; consumer

Question 2

A monopoly definitely incurs an economic loss if
 
  A) it produces where its marginal revenue equals its marginal cost.
  B) its average total cost is greater than price.
  C) it cannot perfectly price discriminate.
  D) it price discriminates.
  E) The statement errs because a monopoly cannot incur an economic loss.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

E

Answer to Question 2

B





 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library