The figure below shows the market for computers in a small importing country. Dd and Sd are the domestic demand and supply curves of computers, respectively.The imposition of a tariff on computers caused the surplus of the domestic producers to ________ by

A. rise; $44 million.
B. fall; $48 million.
C. rise; $20 million.
D. rise; $800,000.

Answer: A

Economics

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With respect to market and nonmarket production, on average working women are ________ diversified than men and receive ________ pay as a result

A) less; lower B) less; higher C) more; lower D) more; higher

Economics

When a monopolist sells two units of output its total revenues are $100. When the monopolist sells three units of output, its price per unit is $35. The monopolist's marginal revenue from selling the third unit of output is:

A. $5. B. $33.33. C. $35. D. $105.

Economics