U.S. tariffs on Canadian lumber have led to ________ production of lumber within the United States

The supply of meat is more elastic in the long run than in the short run. Ceteris paribus, as time goes by, the burden of a tax on cattle will be increasingly be shouldered by the:

A. Grocer B. Government C. Rancher D. Consumer

A decrease in the capital–labor ratio would result in: a. higher labor productivity because labor does more work

b. lower labor productivity because labor is working with relatively less capital. c. higher labor productivity because labor is producing less capital and more of other goods. d. lower labor productivity because more capital is available. e. higher labor productivity because more capital is available.