The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 97

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Which of the following probably best explains why trade restrictions are imposed even if the costs to consumers are greater than the benefits to protected industries?

• A)Indifference on the government's part to the interests of domestic workers
• B)A desire to make other countries suffer
• C)Government's desire to earn high revenues
• D)Successful lobbying by employers and workers in protected industries
• E)Government's preference to safeguard the interest of the producers at the expense of the consumers

---

Definitions:

Argument

A set of statements where one or more premises are used to provide support for a conclusion.

Appeal to Authority

A logical fallacy where the conclusion is justified by citing an authoritative or perceived authoritative figure who mentioned it.

Non-expert

An individual who lacks specialized knowledge or expertise in a particular area or field.

Proposition

A proclamation or affirmation that presents a belief or assessment, capable of being true or untrue.