When dealing with strategic trade policy, one practical problem for government is the likelihood of retaliation by the foreign government

The firm in the above figure has an economic profit of ________

A) $0 B) $80 C) $160 D) more than $161 E) less than zero, that is, the firm has an economic loss

Refer to Table 17-2. The marginal profit from hiring the second unit of labor is

A) $4,200. B) $1,960. C) $1,800. D) $1,450.