What is the price of a TV in an open economy without a quota?
A. $125
B. $75
C. $100
D. $150
Answer: B
Economics
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How is the gain from imports distributed between consumers and domestic producers?
What will be an ideal response?
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Refer to Figure 7.2. A movement from A to B in the figure represents
A) economies of scale. B) diseconomies of scale. C) learning. D) economies of scope. E) diseconomies of scope.
Economics
A rising price level should shift the expenditure schedule
a. upward and decrease equilibrium real GDP. b. downward and increase equilibrium real GDP. c. downward and decrease equilibrium real GDP. d. upward and increase equilibrium real GDP.
Economics
A diversified portfolio is comprised of
What will be an ideal response?
Economics