A tariff has the effect of giving ________ a larger share of the domestic market
a. domestic consumers
b. foreign consumers
c. domestic producers
d. foreign producers
e. no producers or consumers
C
Economics
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For society, when is a good NOT scarce?
a) if at least one individual in society can obtain all he or she wants of the good b) if firms are producing at full capacity c) if all members of society can have all they want of the good d) if those who have enough income can buy all they want of the good
Economics
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Economics