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Author Question: Levying a tariff on an imported good A) shifts the demand curve down for the good. B) shifts the ... (Read 116 times)

javeds

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Levying a tariff on an imported good
 
  A) shifts the demand curve down for the good.
  B) shifts the supply curve up for the good.
  C) Both A and B.
  D) Not enough information to determine.

Question 2

A commodity or service whose consumption by one person does not preclude others from also consuming it is called a
 
  A) private good.
  B) public good.
  C) Giffen Good.
  D) Coase Good.



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ebenov

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Answer to Question 1

B

Answer to Question 2

B





 

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