If the United States raises tariffs on foreign goods, it may achieve

It is assumed in standard economic theory that a firm makes decisions in an effort to

A) have a highly diversified product. B) become as large as possible. C) maximize its profits. D) maximize its revenue. E) be favoured politically.

A clause in a mortgage loan contract requiring the borrower to purchase homeowner's insurance is an example of a

A) proscriptive covenant. B) prescriptive covenant. C) restrictive covenant. D) constraint-imposed covenant.