In the "Reaction Function" Diagram of Question #18 Above, If

question 16

Multiple Choice

In the "reaction function" diagram of Question #18 above, if economies of scale exist for both firms, then protection instituted in the home market to keep out the foreign firm's product will, other things equal, cause HH to shift to the __________.

• A) left (or downward) and also will cause FF to shift to the left (or downward)
• B) left (or downward) and will cause FF to shift to the right (or upward)
• C) right (or upward) and also will cause FF to shift to the right (or upward)
• D) right (or upward) and will cause FF to shift to the left (or downward)

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Definitions:

VBA Controls

Components used in Visual Basic for Applications programming to create interactive elements like buttons, text boxes, and sliders in Microsoft Office applications.

ActiveX Controls

Components or objects in the Windows operating environment that enable applications to share information and functionality, often used to add interactive features to webpages.

If…Then…Else

A conditional statement in programming that executes different blocks of code based on whether a specified condition is true or false.

Visual Basic Editor

A development environment within Microsoft Office applications used to write, edit, and debug Visual Basic for Applications (VBA) code.