Today U.S. protectionism is concentrated in

A) high-tech industries.
B) labor-intensive industries.
C) industries in which Japan has a comparative advantage.
D) computer intensive industries.
E) capital-intensive industries.

B

Economics

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Why will a profit-maximizing, single-price monopoly NEVER produce the amount of output that maximizes its total revenue?

What will be an ideal response?

Economics

In the United States, of the following decades inflation was highest during the ________.,

A) 1970s B) 1990s C) 1960s D) 2000s

Economics