A: the surplus of the domestic producers of motorcycles will decline, but the surplus of the domestic consumers will increase.
B: the surplus of both the domestic producers and consumers of motorcycles will decline.
C: the surplus of both the domestic producers and consumers of motorcycles will increase.
D: the surplus of the domestic producers of motorcycles will increase, but the surplus of the domestic consumers will decline.
举一反三
- A tariff is imposed on a good. This will ________ the domestic producer surplus, ________ the domestic consumer surplus, and ________ total surplus in the home country. A: increase; decrease; decrease B: increase; decrease; increase C: increase; remain unchanged; increase D: increase; increase; increase
- The principal benefit of tariff protection goes to:( ) A: Domestic consumers of the good produced B: Domestic producers of the good produced C: Foreign producers of the good produced D: Foreign consumers of the good produced
- A tariff on a product ( ) A: enhances the economic well-being of the domestic economy. B: increases the domestic quantity supplied. C: increases the domestic quantity demanded. D: results in an increase in producer surplus that is greater than the<br/>resulting decrease in consumer surplus.
- Which of the following is a consequence of subsidies? A: Subsidies make domestic producers vulnerable to foreign competition B: Subsidies lead to lowered production. C: Subsidies protect inefficient domestic producers D: Subsidies produce revenue for the government.
- Which of the following is a TRUE statement? A: Everyone benefits from free trade. B: Only exporters benefit from trade. C: All producers benefit from trade and but not all consumers benefit. D: Free trade harms domestic producers of goods that face import competition.
内容
- 0
In the figure below, the decline in consumer surplus resulting from an increase in price from $5 to $10 is given by the area:07759405b34d3d8ddf2f10fde4c01fdc.png
- 1
If the price of oak lumber increases, what happens to consumer<br/>surplus in the market for oak cabinets? () A: Consumer<br/>surplus increases. B: Consumer<br/>surplus decreases. C: Consumer<br/>surplus will not change consumer surplus; only producer surplus<br/>changes. D: Consumer<br/>surplus depends on what event led to the increase in the price of oak<br/>lumber.
- 2
An import quota protects domestic producers by A: setting a limit on the amount of imports. B: placing a prohibitive tax on imports. C: encouraging competition among domestic producers. D: increasing the total supply of the product.
- 3
How does a producer adjust the product price? A: If nobody buys a product at a particular price, he adjusts it higher. B: If some consumers buy it, but not enough to buy everything produced, producers must increase the price. C: If some consumers buy it, but not enough to buy everything produced, producers must increase the supply. D: Even if there is constant high demand for a product individual producers need to keep the price down.
- 4
36. An increase in the domestic price level will:_