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Author Question: A ban on imports, a tariff, or a quota raises the price to domestic consumers. This means that ... (Read 208 times)

soccerdreamer_17

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on: Jul 1, 2018
A ban on imports, a tariff, or a quota raises the price to domestic consumers. This means that consumers will buy less of the product at a higher price. The loss associated with this is called
 
  A) production associated loss.
  B) productive consumption loss.
  C) consumption distortion loss.
  D) consumer misperception loss.

Question 2

The larger the U.S. imposed per unit import tariff on a good imported and produced in the United States,
 
  A) the smaller the U.S. consumer surplus.
  B) the larger the U.S. producer surplus.
  C) the larger the government revenue.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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jomama

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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soccerdreamer_17

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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