A tariff on a good increases the domestic price of the good, increases domestic production of the good, reduces the amount of the good sold, and decreases imports of the good.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Most textiles worn by American consumers are produced in Asian and South American countries where the opportunity costs of production are lower. This observation refers to the:
a. law of supply.
b. income elasticity of demand.
c. principle of beneficial tariffs.
d. principle of comparative advantage.
e. law of decreasing returns to scale.
Species richness increases with island size.
Wild boar/domestic pig hybrid, displayed at Rothschild Museum, Tring, England
A domestic Muscovy Duck with wings outstretched
The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
(a) IgA. (b) IgA production.
Beak size in finches during dry years increases because of strong selection