If tomato growers in Florida lobby the U.S. government to impose an import quota on Mexican tomatoes, who gains from such a quota?

A) Mexican growers
B) the U.S. government
C) no one
D) U.S. consumers
E) U.S. growers

E

Economics

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Evaluate the following statement: "Water is plentiful, therefore it can't be a scarce resource like oil which is not as plentiful."

What will be an ideal response?

Economics

Apple founder Steve Jobs received patents on many of his ideas. While the patents existed, his ideas were

a. public goods and proprietary knowledge. b. public goods but not proprietary knowledge. c. private goods and proprietary knowledge. d. private goods but not proprietary knowledge.

Economics