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Author Question: Which of the following is an example of the bandwagon effect? A) A larger cellphone consumer ... (Read 63 times)

clmills979

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on: Jul 1, 2018
Which of the following is an example of the bandwagon effect?
 
  A) A larger cellphone consumer group makes a cellphone service more attractive.
  B) The more people use Facebook, the more attractive it is to consumers.
  C) With more broadband services, more high-definition webpages become available.
  D) All of the above.

Question 2

The above figure shows the market for rice in Japan. SDomestic represents the domestic supply curve, and Sworld represents the world supply curve. A 1 per unit tariff has the same effect on producer and consumer surplus as a quota of
 
  A) 25 units.
  B) 30 units.
  C) 35 units.
  D) 65 units.


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l.stuut

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


clmills979

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Reply #2 on: Jul 1, 2018
Correct answers!


l.stuut

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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