This topic contains a solution. Click here to go to the answer

Author Question: Levying a tariff on an imported good A) shifts the demand curve down for the good. B) shifts the ... (Read 131 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebenov

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

B

Answer to Question 2

B





 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library