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 112 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?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

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

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library