A problem with the infant industry argument is that
A) it is too restrictive in targeting new industries to protect.
B) it does not protect the most important new industries in a country.
C) it is almost impossible to eliminate the tariff once the industry matures.
D) it allows infant industries to mature so that tariffs can be eliminated.
C
Economics
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Pete owns a small store. He has noticed that when he is not at the store monitoring his employees, his revenue goes down. What are two changes Pete could make to wages he pays his employees to correct this problem?
Economics
Refer to the table below. Marginal product is zero when the total product is:
The question is based on the following table that provides information on the production of a product that requires one variable input.
A. 0
B. 5
C. 56
D. 58
Economics