A demand curve that is perfectly horizontal is

If the United States imposes a tariff on imported cars, the

A) U.S. demand curve shifts rightward. B) U.S. demand curve shifts leftward. C) U.S. supply curve shifts rightward. D) the price in the United States rises but neither the U.S. demand curve nor the U.S. supply curve shift.

The endowment effect is the tendency of people to be unwilling to sell a good they already own even if they are offered a price greater than they would be willing to pay to buy the good if they did not already own it

Indicate whether the statement is true or false