If the U.S. government imposed quotas on imports of clothing, then U.S

a. imports and exports would both fall.
b. imports would fall and exports would rise.
c. imports would rise and exports would fall.
d. None of the above is correct.

a

Economics

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In the long run, the firm ________ change the number of workers it employs and ________ change the size of its plant.

A) can; can B) can; cannot C) cannot; can D) cannot; cannot E) In order to answer the question, more information is needed about how long the long run is.

Economics

What does it mean for a good to be non-rival in consumption?

What will be an ideal response?

Economics