Refer to the table above. What is the shortage in the market when the price of a notebook is $3?

In the wake of worsening relations with China, some Americans called for an increase in tariffs on Chinese products coming into America. If higher tariffs are imposed on clothing produced in China, the price of clothing in America would

A) decrease. B) increase. C) not change. D) first increase then decrease. E) first decrease then increase.

"My brother is better at cooking, better at cleaning, and better at fixing the car than I am." Relative to me, my brother has

A) an absolute advantage in cooking, cleaning, and car repair. B) a comparative advantage in cooking, cleaning, and car repair. C) more intelligence than me. D) more income than me.