Question

2 economy questions ..
To protect consumers from potentially dangerous manufactured goods, the U.S. government is most likely to use which kind of trade barrier?

License

Quota

Regulation

Tariff

Answer 1

2. Auto Bull's-Eye offers a 10-minute oil change and 30-minute brake check. There are two technicians who perform each of these services. Next week, the shop is offering a discounted oil change. How might this affect the production possibilities curve for next week?

The shop would decrease the brake-check price to eliminate scarcity.

The shop would increase worker pay to make up for the opportunity cost of not doing brake checks.

The shop would shift production to oil changes and away from brake checks.

The shop would shift production to brake checks and away from oil changes.

Answer 2

I NEED HELP PLEASEEE

Answer 3

1 license. because quota is a quantity limitation, a tariff is just a tax, and regulation is kinda close but I still think license bc doctors needs licenses, tattoo places need licenses, thats all to protect to patient or customer.

Answer 4

I thought the same for the first one ..

Answer 5

I think c for the second bc they're not gunna discount brake checks also, they would loose to much money, they wouldnt increase worker pay bc they offer a discount on oil changes, and they wouldnt shift toward brake checks bc theres not a discount.

Answer 6

yea I put that for both questions thanks.