Many economists ________ protectionism because it ________ consumers and ________ jobs in domestic industries that use protected products

Refer to Table 15-4. What is the amount of Shakti's profit?

A) $68 B) $72 C) $124 D) $192

Medicare subsides will cause people to

A) consume less medical services than in the absence of the subsidies. B) consume more medical services than in the absence of the subsidies. C) consume the same amount medical services as they would if there were no subsidies. D) be sicker because of inferior care.