The tariff imposed to punish a foreign discriminating monopolist is called:

Proponents of strategic trade policy contend that:

a. government should tax domestic firms to generate greater revenues. b. government should encourage imports to prevent monopoly in the domestic market. c. government should provide subsidies to domestic firms with decreasing costs. d. government should discourage domestic firms with decreasing costs from continuing production. e. government should tax domestic import competing firms.

Describe the shape of the utility function of a risk averse person