Advocates of steel tariffs to protect U.S. steel firms realize ...

[karateprodigy]

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.

[polinasid]

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[karateprodigy]

Wow, this really help

[connor417]

Thanks for the timely response, appreciate it