One Reason Consumers Do Not Lobby to Have Tariffs and Quotas

question 108

Multiple Choice

One reason consumers do not lobby to have tariffs and quotas removed is that

• A) they often do not have the incentive to organize politically.
• B) government officials believe that corporations are more important to the economy.
• C) tariffs and quotas impose no cost on consumers.
• D) they are willing to pay the higher price in support of domestic businesses.

---

Definitions:

Symbolic Notation

A system of symbols used to represent quantities, operations, relations, or elements in a concise and standardized format.

Atomic Components

Atomic components refer to the smallest units within a framework or system that cannot be broken down further without losing their functionality.

Inference Forms

The structures or patterns of logical reasoning where conclusions are drawn from premises based on rules of logical thinking.

Conj

A shortened form for "conjunction," representing words that function to connect words, phrases, clauses, or sentences.