Suppose the absolute value of the price elasticity of demand for basketball game tickets on your campus is greater than 1. Increasing ticket prices will increase the total revenue from ticket sales

When buying a car from a commission salesman you improve your bargaining position by

a. shopping when the new model year cars have just arrived b. shopping when the showroom is full of customers c. shopping when the car lot has few cars left unsold d. shopping toward the end of the month

Most economists _________ tariffs and _________ quotas.

A. favor; favor B. oppose; oppose C. favor; oppose D. oppose; favor