Domestic producers require time to gain experience and lower their unit costs; this will allow these producers to compete successfully in international markets. This statement describes the ________ argument for protectionism

The Federal Reserve district borders follow exclusively state borders

a. True b. False

In an attempt to raise sales, Hannah cut prices in her bookstore by 20 percent. If the dollar value of her sales remained constant, that indicates

A. old customers bought no more books. B. no new customers bought books. C. the quantity of books sold increased 20 percent. D. the demand curve is vertical.