Trade barriers are politically popular because
A) they are a way to avoid trade wars and still protect domestic producers.
B) people recognize their use as a negotiating tool in international relations.
C) their benefits are widespread, while their costs are highly concentrated.
D) their benefits are concentrated, while their costs are widespread.
D
Economics
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Juanita goes to the Hardware Emporium to buy a new circular saw. She is willing to pay $120 for a new saw, but buys one on sale for $85. Juanita's consumer surplus from the purchase is
A) $35. B) $85. C) $120. D) $205.
Economics
Which of the following acts prohibited predatory pricing?
a. Robinson-Patman Act b. Tunney Act c. Clayton Act d. Sherman Act
Economics