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

Author Question: The effect of an import tariff on a specific imported good on (domestic) consumer and producer ... (Read 71 times)

xxxxxxxxxxxx

  • Full Member
  • ***
  • Posts: 142
The effect of an import tariff on a specific imported good on (domestic) consumer and producer surplus can be summarized as follows:
◦ Consumer surplus and producer surplus are both increased.
◦ Consumer surplus is increased and producer surplus is decreased.
◦ Consumer surplus and producer surplus are both decreased.
◦ Consumer surplus is decreased and producer surplus is increased.
◦ There is no effect on either consumer or producer surplus.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xxxxxxxxxxxx on Oct 12, 2022

kaelamcrone

  • Full Member
  • ***
  • Posts: 167
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




xxxxxxxxxxxx

  • Member
  • Posts: 142
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
Excellent

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library