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Author Question: Advocates of steel tariffs to protect U.S. steel firms realize that when imposing such tariffs, the ... (Read 124 times)

karateprodigy

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on: Jul 1, 2018
Advocates of steel tariffs to protect U.S. steel firms realize that when imposing such tariffs, the gains of firms are outweighed by the losses to consumers. This implies that
 
  A) such advocates value producer surplus more than consumer surplus.
  B) such advocates want to help consumers.
  C) such advocates value consumer surplus more than producer surplus.
  D) such advocates value producer surplus and consumer surplus equally.

Question 2

Economists claim that measuring society's welfare as CS + PS
 
  A) is inappropriate since ultimately everyone is a consumer.
  B) is valid only when the same person could be either a consumer or a producer.
  C) treats the gains to consumers and producers equally.
  D) is not commonly accepted.
Microeconomics ¦ Perloff ¦ 8th Edition
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polinasid

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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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karateprodigy

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Reply 2 on: Jul 1, 2018
Excellent

Viet Thy

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

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