• 2022-05-29
    If a small country imposes a tariff on imported motorcycles ( )
    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.
  • D

    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:_