Which of the Following Is Not a Description of What

question 80

Multiple Choice

Which of the following is not a description of what a tariff can achieve in a perfectly competitive market?

• A)A tariff can achieve many of the same goals as an import quota.
• B)A tariff can create less domestic deadweight loss than a quota if the tariff revenues are redistributed domestically.
• C)A tariff can create greater government revenues than a quota.
• D)A tariff creates enough government revenue to completely offset the impact of deadweight loss, thereby increasing total surplus.

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Definitions:

Problem

An obstacle or issue that needs resolution or management, often requiring analysis and decision-making efforts.

Customer Mentioned

When a customer is referenced or talked about, particularly in the context of feedback, reviews, or marketing analysis.

Shipping Costs

The expenses involved in moving goods from one location to another, often a significant factor in the total price of online purchases.

Urgency Close

A sales technique where the seller creates a sense of urgency to motivate the client to make a purchase decision quickly.