【单选题】Refer to the figure below: If the price is $16, the resulting
A.
surplus will lead to a fall in price.
B.
shortage will lead to a fall in price.
C.
surplus will lead to a rise in price.
D.
shortage will lead to a rise in price.
【单选题】Refer to the figure above. This country's exports equal
【单选题】Refer to the figure above. The deadweight cost of the tariff equals
D.
cannot be calculated without further information.
【单选题】Refer to the Figure. At a price of
A.
$8, there is a surplus of 6 units.
B.
$5, there is neither a shortage nor a surplus.
C.
$2, there is a shortage of 6 units.
D.
All of the above are correct.
【单选题】Refer to the figure above. The quota generates deadweight costs of
【单选题】Refer to the figure above. Which of the following is true?
A.
The relative price of S is higher at G than at D.
B.
The relative price of T is higher at C than at F.
C.
A move from C to D would raise community satisfaction.
D.
All of the above are true.
【单选题】Refer to the figure above. With the tariff, the government collects
【单选题】Refer to the figure above. This country's imports equal
【单选题】Refer to the figure above. With the tariff, the quantity of imports falls to
【单选题】Refer to the figure above. Quota rents equal