Referring to Figure 5.1, suppose the Mexican government imposes an import quota equal to 2 tons of steel. If Mexican steel importers behave as monopoly buyers and foreign exporters behave as competitive sellers, the overall welfare loss of the quota to Mexico equals
a. $200.
b. $400.
c. $600.
d. $800.
b. $400.
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Answer the following statements true (T) or false (F)
1. A shady individual on the street offers you a million dollars if you can tell him what day of the week it is. You know the answer, and would certainly have use for a million dollars, yet your motivation to respond is still low. According to expectancy theory, this suggests a problem with instrumentality. 2. Failing to reward desirable behavior can result in social loafing in teams. 3. Imposing a monetary fine on an employee is never a proper course of action. 4. Setting clear and effective objectives is one of the guidelines for motivating employees using reinforcements.
The same four basic financial statements are prepared by both U.S. GAAP and IFRS.
Answer the following statement true (T) or false (F)
Because their members share a common bond, credit unions are typically quite small; most hold less than ________ of assets
A) $500,000 B) $10 million C) $100 million D) $1 billion
The _________ of a signal is defined as the distance between two points of corresponding phase of two consecutive cycles, such as maximum amplitudes or where the wave crosses zero
Fill in the blanks with correct word