Which of the Following Is True About a Lump-Sum Tariff

question 78

Multiple Choice

Which of the following is true about a lump-sum tariff?

• A) Domestic firms' marginal cost curves are shifted up by the amount of the lump-sum tariff.
• B) Foreign firms' average cost curves are shifted up by the amount of the lump-sum tariff.
• C) Domestic firms' average cost curves are shifted up by the amount of the lump-sum tariff.
• D) Foreign firms' marginal cost curves are shifted up by the amount of the lump-sum tariff.

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Definitions:

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A primary male sex hormone necessary for the development of male reproductive tissues, secondary sexual characteristics, and the maintenance of sexual function.

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The outer parts of the female reproductive system, including the labia, clitoris, and vaginal opening.

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A darkening of the skin or a rash that temporarily appears as a result of blood rushing to the skin’s surface during sexual excitation.

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