For the next 3 questions, use the following scenario: The table shows the number of outputs US and Canada producers can make in one hour. The figure shows US tariff effect upon a certain imported good.     US Canada Bread 4 loaves 3 loaves Steel 3 tons 2 tons

From the figure, US government revenue from the tariff is

For the next 3 questions, use the following scenario: A monopoly firm is facing a cost function of C=5*Q^2 (MC=10*Q) and a demand function of P=200-45Q (MR=200-90Q).

When a consumer’s search cost for lower prices of a product increases, ….

There are six firms in an industry with sales at $1 million, $3 million, $5 million, $7 million, $8 million, and $12 million, respectively. The four-firm concentration ratio is:

From the table, in the international market, US should:

Choose the correct option to make the sentence TRUE: In the case of Nike, if the workers in foreign factories knew about the working conditions, …

From the first table, which of the following statements is correct?

Choose the correct option to make the sentence TRUE: In the case of Nike, if the workers in foreign factories knew about the working conditions, …

Which game does free-rider problem resemble most