Reference no: EM131098500
Which of the following statements about a tariff is true?
a. A tariff in Creases producer surplus, decreases consumer surplus, increases revenue to the government, and reduces total surplus.
b. A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and reduces total surplus.
c. A tariff increases producer surplus, decreases consumer surplus, increases revenue to the government, and increases total surplus,
d. A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and increases total surplus.
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Identify any internal control weaknesses
: Identify any internal control weaknesses and suggest improvements to strengthen the internal controls over machinery and equipment at Rophna.
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Demonstrates negativism
: A person who rudely rejects a simple request from a subordinate after he or she has been rebuffed by the boss demonstrates negativism.
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By what amount should foxs capital account change
: In 20X1 the partnership sustained a $33,000 loss before interest and salaries to partners. By what amount should Fox's capital account change? $7,000 increase.
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Find the quantity of hangers supplied by us producers
: When the United States allows free trade in wire hangers with China, the price of hangers in the U.S. market is $20 per crate. At this price, the quantity of hangers supplied by U.S. producers is _______ crates per week
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Which of the following statements about a tariff is true
: A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and increases total surplus.
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What caused the relation between the CEO and the stockholder
: What is the R-square of the regression - Can you forecast (predict) what happens to the average price of a house if the number of bedrooms increases from 3 to 4 (keeping everything else constant)?
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Total costs as function of input prices and output
: Using the same production function as in question 4 {ie: q = (K^1/2 + L^1/2)^2} suppose that the firm is now operating in the long-run. Solve for the long-run cost function (i.e. total costs as a function of input prices and output).
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Which of the following statements about a tariff is true
: A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and increases total surplus.
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What are total costs-price revenues-profits for each firm
: Two physical therapy firms want to merge. The price elasticity of demand for physical therapy is -.40. Firm A has a volume of 10,400, Fixed cost of $50,000 marginal cost of $20 and a market share of 8%. How does the merger affect markups and profits?..
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